XAUUSD: - Bearish Engulfing patterns has just confirmed on H4.
Trend: Bearish (Sell strong)
Gold reduce 1.5%) in the present. XAUUSD has a strong impact on the EMA20, EMA50 &EMA10 in one day. This is recorded as the strongest decline in the past 1 month.
Significant reduction:
- Bearish Engulfing patterns has just confirmed on H4.
- RSI 14 is under 50.
Signal: SHORT.
Next resistance is 1279-1281 & 1255-1260.
Gold reduce 1.5%) in the present. XAUUSD has a strong impact on the EMA20, EMA50 &EMA10 in one day. This is recorded as the strongest decline in the past 1 month.
Significant reduction:
- Bearish Engulfing patterns has just confirmed on H4.
- RSI 14 is under 50.
Signal: SHORT.
Next resistance is 1279-1281 & 1255-1260.
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