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 Time10/21/22 12:18 PM
Direction Sell
Status Closed (1,631.0)
12:18
12:18
Oct. 21, 2022
Forecast
-100 p
1,631.0
Stop Loss
1,621.0
Entry
+100 p
1,611.0
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. MVP line is above the price and acts as a resistance level.
  4. The risk-to-profit ratio allows us to set Take Profit for a Short trade at 1611
    index: 1x 0.025290966033936s
t_/pages/forecast: 1x 0.02386212348938s
t_/common/header-new: 1x 0.015557050704956s
t_/common/head: 1x 0.012518167495728s
t_/common/footer-new: 1x 0.0023279190063477s
router_page: 1x 0.0007929801940918s
router: 1x 0.00046300888061523s
t_/popups/on-download: 1x 0.00042986869812012s
t_/common/cookie-banner: 1x 0.00031900405883789s
service-routes: 1x 0.00024604797363281s
router_redirection: 1x 0.00012993812561035s
t_/blocks/sidebar-afil: 1x 0.00012803077697754s
t_/popups/zoom: 1x 1.0013580322266E-5s
----- END OF DUMP (2026-03-14 05:46:03)  -----