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 Time7/23/24 8:26 AM
Direction Sell
Status Closed (2,416.0)
8:26
8:26
Jul. 23, 2024
Forecast
-170 p
2,416.0
Stop Loss
2,399.0
Entry
+160 p
2,383.0
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. The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
  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 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 - 2383
    index: 1x 0.038340091705322s
t_/pages/forecast: 1x 0.036358118057251s
t_/common/header-new: 1x 0.023663997650146s
t_/common/head: 1x 0.019910097122192s
t_/common/footer-new: 1x 0.0032229423522949s
router_page: 1x 0.00093984603881836s
router: 1x 0.00084018707275391s
t_/popups/on-download: 1x 0.00063300132751465s
t_/common/cookie-banner: 1x 0.00045394897460938s
service-routes: 1x 0.00038695335388184s
t_/blocks/sidebar-afil: 1x 0.0002138614654541s
router_redirection: 1x 0.00016307830810547s
t_/popups/zoom: 1x 1.8835067749023E-5s
----- END OF DUMP (2026-03-11 10:02:03)  -----