Xauusd sell signal
Gold price (XAU/USD) builds on its steady intraday ascent and climbs to the $2,736-$2,737 area heading into the European session, reversing a part of the previous day's retracement slide from the record high.
From a technical perspective, the overnight breakdown below a short-term ascending trend-channel support could be seen as a fresh trigger for bearish traders. Moreover, negative oscillators on hourly charts suggest that the path of least resistance for the Gold price is to the downside. That said, it will still be prudent to wait for a convincing break below the $2,700 mark before positioning for any further losses. The XAU/USD might then accelerate the corrective decline towards the $2,685 intermediate support en route to the $2,672-2,670 strong horizontal resistance breakpoint.
Gold now sell 2739
Support 2725
Support 2712
From a technical perspective, the overnight breakdown below a short-term ascending trend-channel support could be seen as a fresh trigger for bearish traders. Moreover, negative oscillators on hourly charts suggest that the path of least resistance for the Gold price is to the downside. That said, it will still be prudent to wait for a convincing break below the $2,700 mark before positioning for any further losses. The XAU/USD might then accelerate the corrective decline towards the $2,685 intermediate support en route to the $2,672-2,670 strong horizontal resistance breakpoint.
Gold now sell 2739
Support 2725
Support 2712
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Gold sell 10 pips running ملاحظة
Gold 20 pips running ملاحظة
Gold sell 30 pips running ملاحظة
Gold sell 40 pips running ملاحظة
Gold sell 50 pips running ملاحظة
Gold sell 60 pips done ملاحظة
Gold sell 70 pips running ملاحظة
Gold sell 80 pips running ملاحظة
1 support Hit 140 pips done 👍ملاحظة
Gold sell 150 pips running ملاحظة
Gold sell 160 pips running ملاحظة
Gold sell 180 pips running ملاحظة
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