GOLD (XAUUSD): The Fall Will Continue?! 🥇
https://www.tradingview.com/x/uOvxadqO/
Have you seen yesterday's bearish movement on Gold?!
That was crazy. With just one single high momentum bearish candle
the price violated 1885 support easily and closed below that.
The next key support is 1856 - 1860 area now.
It will most likely be the next goal for the sellers.
Also, note that the market is heavily oversold now and it may pullback.
Look for an occasional retest of the underlined 2 horizontal resistances for catching a trend following movement.
❤️Please, support my work with like, thank you!❤️
Have you seen yesterday's bearish movement on Gold?!
That was crazy. With just one single high momentum bearish candle
the price violated 1885 support easily and closed below that.
The next key support is 1856 - 1860 area now.
It will most likely be the next goal for the sellers.
Also, note that the market is heavily oversold now and it may pullback.
Look for an occasional retest of the underlined 2 horizontal resistances for catching a trend following movement.
❤️Please, support my work with like, thank you!❤️
âś…Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
đź’°Instagram: instagram.com/VasilyTrader/ đź’°
âś…Facebook: facebook.com/VasilyTrading/ âś…
❗️YouTube Channel youtube.com/c/VasilyTrader
đź’°Instagram: instagram.com/VasilyTrader/ đź’°
âś…Facebook: facebook.com/VasilyTrading/ âś…
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.