Gold- The overall structure remains bearish
Yesterday, Gold bulls defended very well 1890 zone and have managed to drive the price above 1900 key zone.
Although on a short time frame price looks bullish I remain to my opinion that the overall structure is bearish and I wouldn't change this outlook as long as the price doesn't stay very well bided above 1920.
From the technical point of view, XauUsd is still contained in a range with a bullish bias.
A daily close above 1920 would expose 1950 zone and, on the other hand, a drop under 1890 would accelerate losses and I see Gold dropping to 1800 zone
Although on a short time frame price looks bullish I remain to my opinion that the overall structure is bearish and I wouldn't change this outlook as long as the price doesn't stay very well bided above 1920.
From the technical point of view, XauUsd is still contained in a range with a bullish bias.
A daily close above 1920 would expose 1950 zone and, on the other hand, a drop under 1890 would accelerate losses and I see Gold dropping to 1800 zone
Christmas & New Year Offer: 40% Discount- More Details: t.me/IacobMihai
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.