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 Time10/16/19 6:50 AM
Direction Sell
Status Closed (1,490.5)
6:48
6:48
Oct. 16, 2019
Forecast
-100 p
1,490.5
Stop Loss
1,480.5
Entry
+105 p
1,470.0
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. Majority of traders are still holding onto Longs. This means we should continue to Sell XAUUSD.
  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.
    index: 1x 0.027222871780396s
t_/pages/forecast: 1x 0.025722026824951s
t_/common/header-new: 1x 0.017056941986084s
t_/common/head: 1x 0.013878107070923s
t_/common/footer-new: 1x 0.0025417804718018s
router_page: 1x 0.00071406364440918s
router: 1x 0.00060200691223145s
t_/popups/on-download: 1x 0.0005488395690918s
t_/common/cookie-banner: 1x 0.00035285949707031s
service-routes: 1x 0.00021100044250488s
t_/blocks/sidebar-afil: 1x 0.00014090538024902s
router_redirection: 1x 0.00011205673217773s
t_/popups/zoom: 1x 1.6927719116211E-5s
----- END OF DUMP (2026-07-05 14:51:07)  -----