XAUUSD GOLD Potential Bearish Correction
We find a bearish retracement opportunity
Holding Period : 1-5 days
Major Trend : Bullish
Chart Time Frame: DAILY
Trade Type: Bearish Correction / Retracement
Price Target: ( By Murrey Math Calculations ) 2310 2283 2254 2236
Technical Indicators : MFI Divergence ( not comfirmed yet ) , Extreme Reversal Sniper Div ( Not cofirmed yet )
Fundamentals : Major trend is bullish for Gold. Reasons : Central Banks buy physical gold & Inflation hedge worries.
Holding Period : 1-5 days
Major Trend : Bullish
Chart Time Frame: DAILY
Trade Type: Bearish Correction / Retracement
Price Target: ( By Murrey Math Calculations ) 2310 2283 2254 2236
Technical Indicators : MFI Divergence ( not comfirmed yet ) , Extreme Reversal Sniper Div ( Not cofirmed yet )
Fundamentals : Major trend is bullish for Gold. Reasons : Central Banks buy physical gold & Inflation hedge worries.
Note
Hot US CPI came!!Selling the gold.
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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.