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 0.4999418258667s
router: 1x 0.4412989616394s
t_/pages/forecast: 1x 0.054496049880981s
t_/common/header-new: 1x 0.031470060348511s
t_/common/head: 1x 0.024872064590454s
t_/common/footer-new: 1x 0.0069549083709717s
router_page: 1x 0.0015699863433838s
t_/popups/on-download: 1x 0.00076603889465332s
t_/common/cookie-banner: 1x 0.00059604644775391s
t_/blocks/sidebar-afil: 1x 0.00049710273742676s
service-routes: 1x 0.00030303001403809s
router_redirection: 1x 0.00014996528625488s
t_/popups/zoom: 1x 2.9087066650391E-5s
----- END OF DUMP (2025-05-23 12:57:05)  -----