Gold should drop below 1450$ Soon - XAUUSD SELL Daily
Gold is currently facing selling pressure on the Daily and Weekly timeframe. XAUUSD had lost 21MA and 50MA support on daily. There is death cross formation on the daily timeframe - (21MA crossover below 50MA).
MACD is currently bearish, indicating - bearish continuation.
Support levels: 1437$,1452$
Resistance levels: 1500$,1511$
Trade Signal:
SHORT
Entries: 1490-1510$
Exit: 1440-1460$
STOP: 1520$
MACD is currently bearish, indicating - bearish continuation.
Support levels: 1437$,1452$
Resistance levels: 1500$,1511$
Trade Signal:
SHORT
Entries: 1490-1510$
Exit: 1440-1460$
STOP: 1520$
Trade stängt: målet nått