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 0.039304971694946s
t_/pages/forecast: 1x 0.037002086639404s
t_/common/header-new: 1x 0.023927927017212s
t_/common/head: 1x 0.02019214630127s
t_/common/footer-new: 1x 0.0030269622802734s
router_page: 1x 0.00130295753479s
router: 1x 0.00075483322143555s
t_/popups/on-download: 1x 0.000518798828125s
t_/common/cookie-banner: 1x 0.0004889965057373s
service-routes: 1x 0.00028705596923828s
t_/blocks/sidebar-afil: 1x 0.00025796890258789s
router_redirection: 1x 0.00015592575073242s
t_/popups/zoom: 1x 2.3841857910156E-5s
----- END OF DUMP (2026-03-31 17:02:03)  -----