EN

XAUUSD - Downward trend will continue, Short trade by market price recommended

Alex Zarevich on FXSSI Alex Zarevich Expert
main-sell-market-trend-1
Forecast Details
PairXAUUSD
Publication Time2/4/20 7:35 AM
Direction Sell
Status Closed (1,564.0)
7:28
7:28
Feb. 4, 2020
Forecast
-100 p
1,584.0
Stop Loss
1,574.0
Entry
+100 p
1,564.0
Target 1
+150 p
1,559.0
Target 2
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-sell-market-trend-1
  1. Since the CurrentRatio sentiment indicator informs us that the market crowd is buying, we should consider sticking to Sell Orders.
  2. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  4. We are focused on the breakdown of the previous bottom, the target at the level of 1564.
    index: 1x 0.037127017974854s
t_/pages/forecast: 1x 0.035416126251221s
t_/common/header-new: 1x 0.022670984268188s
t_/common/head: 1x 0.018702030181885s
t_/common/footer-new: 1x 0.0033519268035889s
router_page: 1x 0.00084996223449707s
t_/popups/on-download: 1x 0.00075387954711914s
t_/common/cookie-banner: 1x 0.00066709518432617s
router: 1x 0.00064802169799805s
service-routes: 1x 0.00021719932556152s
t_/blocks/sidebar-afil: 1x 0.00015592575073242s
router_redirection: 1x 0.00013589859008789s
t_/popups/zoom: 1x 2.3126602172852E-5s
----- END OF DUMP (2026-08-08 07:33:08)  -----