XAU/USD on its way to test $1900
XAU/USD Current price: 1955.89
XAU/USD bearish run far from over, with a test of $1900 cards.
XAU/USD is oversold in the near term. In the 1-hour chart, technical indicators stand at extreme levels, partially losing their bearish strength but without anticipating a potential bounce. At the same time, the bright metal trades far below all its moving averages, and with the 20 SMA heading firmly south below the longer ones.
XAU/USD Current price: 1955.89
XAU/USD bearish run far from over, with a test of $1900 cards.
XAU/USD is oversold in the near term. In the 1-hour chart, technical indicators stand at extreme levels, partially losing their bearish strength but without anticipating a potential bounce. At the same time, the bright metal trades far below all its moving averages, and with the 20 SMA heading firmly south below the longer ones.
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