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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 Time6/4/25 6:14 AM
Direction Sell
Status Closed (3,330.0)
6:14
6:14
Jun. 4, 2025
Forecast
-220 p
3,330.0
Stop Loss
3,352.0
Entry
+230 p
3,375.0
Target 1
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Chart & Analyst Comments

main-sell-market-trend-1
  1. 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.
  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. We are setting Stop Loss for our Sell trade at the level with the lowest amount of stop losses of other market participants.
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