Gold is currently facing selling pressure on the Daily and Weekly timeframe. XAUUSD had lost 21MA and 50MA support on daily. There is death cross formation on the daily timeframe - (21MA crossover below 50MA).
MACD is currently bearish, indicating - bearish continuation.
Support levels: 1437$,1452$
Resistance levels: 1500$,1511$
Trade Signal:
SHORT
Entries: 1490-1510$
Exit: 1440-1460$
STOP: 1520$
MACD is currently bearish, indicating - bearish continuation.
Support levels: 1437$,1452$
Resistance levels: 1500$,1511$
Trade Signal:
SHORT
Entries: 1490-1510$
Exit: 1440-1460$
STOP: 1520$
交易結束：目標達成