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 Time11/6/19 6:32 AM
Direction Sell
Status Closed (1,485.0)
6:25
6:25
Nov. 6, 2019
Forecast
-150 p
1,500.0
Stop Loss
1,485.0
Entry
+170 p
1,468.0
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. 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. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
  4. Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
    index: 1x 0.026530981063843s
t_/pages/forecast: 1x 0.02445912361145s
t_/common/header-new: 1x 0.016052007675171s
t_/common/head: 1x 0.013109922409058s
t_/common/footer-new: 1x 0.0021929740905762s
router_page: 1x 0.00073981285095215s
router: 1x 0.00049304962158203s
t_/popups/on-download: 1x 0.00043106079101562s
t_/common/cookie-banner: 1x 0.00033903121948242s
service-routes: 1x 0.00018405914306641s
t_/blocks/sidebar-afil: 1x 0.00014185905456543s
router_redirection: 1x 9.9897384643555E-5s
t_/popups/zoom: 1x 9.0599060058594E-6s
----- END OF DUMP (2025-08-31 20:22:08)  -----