Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity

The market has stabilized, the first signs of a downtrend appeared

March 7, 2019 8:51:56 AM by Alexander Zorevyk
Forecast Details
PairXAUUSD
Direction Sell
StatusClosed (1,289.0)
6:11
6:00
Mar. 7, 2019

-50 p
1,289.0
Stop Loss
1,284.0
Entry
+50 p
1,279.0
Target 1
Chart & Analyst Comments
main-sell-trend-2
  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. We see a sharp increase in buy orders as indicated by a number of brokers, which may indicate an interest of a big market player. We are expecting a downward movement.
  3. The decrease in the sellers volume, together with the increase in the buyers volume, confirms the need to Sell according to our trading idea.
  4. MVP line is above the price and acts as a resistance level.
  5. Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
    index: 1x 0.036278009414673s
t_/pages/forecast: 1x 0.032872915267944s
t_/common/header-new: 1x 0.021188020706177s
t_/common/head: 1x 0.017301797866821s
t_/common/footer-new: 1x 0.0026049613952637s
router_page: 1x 0.0017600059509277s
router: 1x 0.0009310245513916s
t_/popups/on-download: 1x 0.0005190372467041s
service-routes: 1x 0.00033712387084961s
router_redirection: 1x 0.00013899803161621s
t_/popups/zoom: 1x 1.5974044799805E-5s
----- END OF DUMP (2022-05-19 03:01:05)  -----