GC/XAU (D1) Short Term
Updated
Since May 2022 the asset has gone short, hiking within a channel.
We had the bullish channel exit when the US CPI had lower than expected values.
The 1780/1800 values are a resistance as well as the EMA200 causing there to be a slowdown in the valuation.
There is an expectation of a rise to 1807 again, but the analysis is based on a Short bet at 1615usd.
We had the bullish channel exit when the US CPI had lower than expected values.
The 1780/1800 values are a resistance as well as the EMA200 causing there to be a slowdown in the valuation.
There is an expectation of a rise to 1807 again, but the analysis is based on a Short bet at 1615usd.
Trade active
After reach Resistance 1807.00, turn to Short move, for testing again the lows at 1615.00Trade active
Testing again the 1815/1820 resistance. Short Trend is expect.
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