- The Current Ratio indicator have reached a critical value, too many traders expect an upward movement. In this case, we recommend to Sell only.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- Price broke through the MVP line and rushed down. We consider this a sign for further XAUUSD price decrease.
- We are focused on the breakdown of the previous bottom, the target at the level of 3865.
Chart & Analyst Comments
