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 0.030966997146606s
t_/pages/forecast: 1x 0.029500007629395s
t_/common/header-new: 1x 0.020227909088135s
t_/common/head: 1x 0.017012119293213s
t_/common/footer-new: 1x 0.0026309490203857s
router_page: 1x 0.00076198577880859s
t_/popups/on-download: 1x 0.00051021575927734s
router: 1x 0.00050592422485352s
t_/common/cookie-banner: 1x 0.00041103363037109s
service-routes: 1x 0.00024294853210449s
t_/blocks/sidebar-afil: 1x 0.00014591217041016s
router_redirection: 1x 0.0001380443572998s
t_/popups/zoom: 1x 1.4066696166992E-5s
----- END OF DUMP (2026-07-25 17:08:07)  -----