Forecasted Retracement: Short XAU
XAU has shifted to fill the previous swing gap, potentially as low as the 1700 by Technical Analysis.
RSI showing weakened price.
Daily Chart showing price in a Sell Zone
15M Chart has price in Oversold zone on Stochastic
Combining Fundamental and Technical Analysis it is in this writers opinion for investors to use their due diligence and Short XAU until this cycle comes to completion.
Disclaimer: Forex involves Risk. Please use Proper Risk Management
Max Lot: 0.01 per $500
RSI showing weakened price.
Daily Chart showing price in a Sell Zone
15M Chart has price in Oversold zone on Stochastic
Combining Fundamental and Technical Analysis it is in this writers opinion for investors to use their due diligence and Short XAU until this cycle comes to completion.
Disclaimer: Forex involves Risk. Please use Proper Risk Management
Max Lot: 0.01 per $500
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