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 0.034386157989502s
t_/pages/forecast: 1x 0.031368017196655s
t_/common/header-new: 1x 0.021512031555176s
t_/common/head: 1x 0.018193006515503s
t_/common/footer-new: 1x 0.0030989646911621s
router_page: 1x 0.0020310878753662s
router: 1x 0.00075292587280273s
t_/popups/on-download: 1x 0.00075006484985352s
t_/common/cookie-banner: 1x 0.00041389465332031s
service-routes: 1x 0.00020194053649902s
t_/blocks/sidebar-afil: 1x 0.00014710426330566s
router_redirection: 1x 0.00011086463928223s
t_/popups/zoom: 1x 3.6001205444336E-5s
----- END OF DUMP (2026-05-01 19:33:05)  -----