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 0.027221202850342s
t_/pages/forecast: 1x 0.025414943695068s
t_/common/header-new: 1x 0.016272068023682s
t_/common/head: 1x 0.013020992279053s
t_/common/footer-new: 1x 0.0023791790008545s
router_page: 1x 0.00087404251098633s
router: 1x 0.00054097175598145s
t_/popups/on-download: 1x 0.00043201446533203s
t_/common/cookie-banner: 1x 0.00035881996154785s
service-routes: 1x 0.00022196769714355s
t_/blocks/sidebar-afil: 1x 0.00014805793762207s
router_redirection: 1x 0.00010299682617188s
t_/popups/zoom: 1x 1.8119812011719E-5s
----- END OF DUMP (2025-12-12 18:15:12)  -----