Why We Think the Price Might Drop:
1. The price is hitting a trendline around 2195-2205.
2. We expect a correction after a big increase in price.
What Might Happen Next:
Overall, it might be a good idea to sell XAUUSD when the price is between 2200-2210. We're aiming for targets around 2145 and 2085 afterwards.
1. The price is hitting a trendline around 2195-2205.
2. We expect a correction after a big increase in price.
What Might Happen Next:
Overall, it might be a good idea to sell XAUUSD when the price is between 2200-2210. We're aiming for targets around 2145 and 2085 afterwards.