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XAUUSD Last chance to hold MA50 1D. Bearish continuation below.

FX_IDC:XAUUSD   黃金現貨 / 美元
XAUUSD/ Gold made contact today with the MA50 1D (last time was November 8th 2022). This is the uptrend's ultimate Support.
Bullish trend restored only above the MA50 4H.

Trading Plan:
1. Sell if the price breaks below the MA50 1D.
2. Buy if it closes above the MA50 4H.

Targets:
1. 1830 (Support 1 top). Extension to 1785 (1D MA200) if bottom of Support 1 breaks.
2. 1955 (below Resistance 1).

Tips:
1. Pivot line has rejected all 4 previous days. Was a Suport during the whole uptrend since November.
2. Great buy entry if the RSI hits the 30.000 oversold level.


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