XAUUSD Gold strategy for August 15

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Technical outlook XAUUSD :

In the near term, and according to the 4-hour chart, the falling EMAs lead lower, now providing dynamic resistance around $1920.30.

The longer moving averages are still much higher than the shorter moving averages, while providing a downward slope, while technical indicators have bounced from intraday lows but are still in negative territory. pole.

In the end, Wall Street's positive tone finally interrupted USD's rally, helping XAUUSD bounce from the aforementioned lows, although modest gains among equities capped the downside. US currency.



Ghi chú
SELL XAUUSD zone : 1920 - 1922

Stoploss : 1928

Take Profit : 1917
Take Profit : 1912
Take Profit : 1905
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