#XAUUSD: Bearish Comments - November 9
🔴ENTRY SELL: 1960-1964(STOP: 1973)
✅Target date: 1931
✅Distant goal: 1900
---H4 frame, gold fell sharply and completely broke through the 1960 support zone yesterday, clearly identifying a downtrend. Meeting yesterday's expectations, gold reached 195x.
---On the H1 frame, the price is currently showing signs of a short correction. Today it is possible that gold will recover slightly to the 1959-1960 resistance area and then continue to go down.
=> Today, to have more safe selling points, traders should wait for gold to test again to officially confirm an upcoming strong downtrend.
=> Wishing all traders a productive new trading week
🔴ENTRY SELL: 1960-1964(STOP: 1973)
✅Target date: 1931
✅Distant goal: 1900
---H4 frame, gold fell sharply and completely broke through the 1960 support zone yesterday, clearly identifying a downtrend. Meeting yesterday's expectations, gold reached 195x.
---On the H1 frame, the price is currently showing signs of a short correction. Today it is possible that gold will recover slightly to the 1959-1960 resistance area and then continue to go down.
=> Today, to have more safe selling points, traders should wait for gold to test again to officially confirm an upcoming strong downtrend.
=> Wishing all traders a productive new trading week
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.