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 Time6/5/24 6:28 AM
Direction Sell
Status Closed (2,350.0)
6:28
6:28
Jun. 5, 2024
Forecast
-190 p
2,350.0
Stop Loss
2,331.0
Entry
+210 p
2,310.0
Target 1
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. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  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. The risk-to-profit ratio allows us to set stop loss for the Sell trade at 2310
    index: 1x 0.060833930969238s
t_/pages/forecast: 1x 0.050503969192505s
t_/common/header-new: 1x 0.031254053115845s
t_/common/head: 1x 0.024996042251587s
t_/common/footer-new: 1x 0.0075600147247314s
router_page: 1x 0.0018839836120605s
router: 1x 0.0017130374908447s
t_/popups/on-download: 1x 0.00083088874816895s
service-routes: 1x 0.00065088272094727s
t_/common/cookie-banner: 1x 0.00059390068054199s
router_redirection: 1x 0.00029897689819336s
t_/blocks/sidebar-afil: 1x 0.0002439022064209s
t_/popups/zoom: 1x 2.3841857910156E-5s
----- END OF DUMP (2025-03-12 04:36:03)  -----