Gold could visit year's lows
Cập nhật
After a week of erratic movements characterized by spikes both up and down, 
XAUUSD bears succeeded in pushing the price below the 2030 median support level, reaching a low within the 2015 zone.
Subsequently, a reversal ensued, and the price has now rebounded above 2025. However, considering the new fundamental developments and the unlikelihood of a rate cut at the next meeting, Gold may encounter headwinds, potentially leading to further price declines and a revisit to the 2005 low.
Moreover, a break below this level would expose the significant technical support at 1980. The overall market structure remains bearish below the 2040 mark.
XAUUSD bears succeeded in pushing the price below the 2030 median support level, reaching a low within the 2015 zone. Subsequently, a reversal ensued, and the price has now rebounded above 2025. However, considering the new fundamental developments and the unlikelihood of a rate cut at the next meeting, Gold may encounter headwinds, potentially leading to further price declines and a revisit to the 2005 low.
Moreover, a break below this level would expose the significant technical support at 1980. The overall market structure remains bearish below the 2040 mark.
Ghi chú
After reversing perfectly from my sell poin, XauUsd dropped to short term support.A break here would expose yesterday's low.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.