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 Time12/18/24 8:10 AM
Direction Sell
Status Closed (2,632.0)
8:10
8:10
Dec. 18, 2024
Forecast
-100 p
2,653.0
Stop Loss
2,643.0
Entry
+110 p
2,632.0
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. The MVP indicator shows the downtrend. We take this into account as one of the important factors in today's forecast.
  4. The trade is aimed at the previous low breakout. The SLC indicator signals us to set our target at the level where most Stop Losses are placed - 2632
    index: 1x 0.041427850723267s
t_/pages/forecast: 1x 0.038919925689697s
t_/common/header-new: 1x 0.026117086410522s
t_/common/head: 1x 0.020997047424316s
t_/common/footer-new: 1x 0.0033750534057617s
router_page: 1x 0.0010240077972412s
router: 1x 0.00073719024658203s
t_/popups/on-download: 1x 0.00062108039855957s
t_/common/cookie-banner: 1x 0.00054597854614258s
service-routes: 1x 0.00024080276489258s
t_/blocks/sidebar-afil: 1x 0.00021910667419434s
router_redirection: 1x 0.00011110305786133s
t_/popups/zoom: 1x 1.978874206543E-5s
----- END OF DUMP (2025-07-02 01:25:07)  -----