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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
Publish Time7/9/19 9:47 AM
Direction Sell
Status Closed (1,395.5)
9:42:00 AM UTC
9:42:00 AM UTC
Jul. 9, 2019
Forecast
-125 p
1,400.0
Stop Loss
1,387.5
Entry
+110 p
1,376.5
Target 1
Related Links
How to use MT4/5 Indicators Tools

Chart & Analyst Comments

main-sell-market-trend-1
  1. The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
  2. Set Take profit at the local price minimum.
  3. Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.
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