💡 XAUUSD: Strong selling pressure
ANALYSIS TODAY: Retested the 2040 resistance zone in the last session but the selling pressure returned once again. Currently, the price is still in the short-term down channel so the assessment has not changed, continuing to expect the price to go down in the short term. , the targets are around 2000 and 1980 respectively.
Indicator is used:
- Chandelier Exit
- EMA
- MACD
Indicator is used:
- Chandelier Exit
- EMA
- MACD
Note
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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.