Help Ukraine! Today, Ukraine Is Fighting for Freedom and the Future of Democracy in Europe. Help Ukraine! Donate Verified Charity
EN

XAUUSD - Downward trend will continue, Short trade by market price recommended

November 20, 2019 8:56:25 PM by Alexander Zorevyk
Forecast Details
PairXAUUSD
Direction Sell
StatusClosed (1,463.0)
20:52
20:52
Nov. 20, 2019
-100 p
1,482.5
Stop Loss
1,472.5
Entry
+110 p
1,461.5
Target 1
Chart & Analyst Comments
main-sell-market-trend-1
  1. For a while now, the Current Ratio indicator provides an opportunity for Short trade. We are using this signal as a basis for today’s trading forecast.
  2. The increase in buyers is observed both in the downward movement and in the retracement movements. Retail traders still believe in the possibility of price increase.
  3. Visually assessing the ratio of buyers and sellers, we see that retail buyers dominate on the market. This fact favors the Short Orders.
    index: 1x 0.036834001541138s
t_/pages/forecast: 1x 0.033596992492676s
t_/common/header-new: 1x 0.021100997924805s
t_/common/head: 1x 0.017199039459229s
t_/common/footer-new: 1x 0.0025959014892578s
router_page: 1x 0.0017809867858887s
router: 1x 0.00083494186401367s
t_/popups/on-download: 1x 0.00050687789916992s
service-routes: 1x 0.00034499168395996s
router_redirection: 1x 0.00016307830810547s
t_/popups/zoom: 1x 3.9100646972656E-5s
----- END OF DUMP (2022-05-22 05:33:05)  -----