Mihai_Iacob

Gold to break under support?

OANDA:XAUUSD   골드 스팟 / 미국 달러
In my yesterday's commentary, I said that Gold is still under selling pressure and, indeed, after a failed attempt to conquer 1950, the price fell quickly to 1920 support putting in a bearish engulfing on our h4 chart and the day is marked by a long-tailed bearish candle.
At the time of writing XauUsd is trading at 1919, exactly in the up-mentioned support zone.
A break of this support looks imminent and the first target for bears is 1880 support.
My recommendation remains the same: sell rallies as long as the price is under 1950

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.