XAUUSD On Card To The Downside?
As we can see from 4H chart, from ichimoku indicator perspective, chikou span below the cloud, candle below the cloud, kijun above tenkan. It is indicating bearish market.
From MACD perspective it is below 0, which it is bearish market.
I also mark the risk area (red area) and possible taking profit area (blue color).
Happy trading. Manage your own risk and target.
From MACD perspective it is below 0, which it is bearish market.
I also mark the risk area (red area) and possible taking profit area (blue color).
Happy trading. Manage your own risk and target.
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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.
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.