- According to the most brokers’ data, more than half of the traders are currently in long positions on XAUUSD. As a result, we recommend considering only Short trades at this time.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- We are setting Stop Loss for our Sell trade at the level with the lowest amount of stop losses of other market participants.
Chart & Analyst Comments
