Mihai_Iacob

Gold- my two bearish scenarios

Short
OANDA:XAUUSD   Or / Dollar Américain
As I argued last week, Gold can change its medium-term trend to bearish, and after breaking under 1800, we have a confirmation for this.
With this bearish view in mind, I have 2 scenarios for price evolution:

Scenario 1:
Gold will break down its short-term consolidation and drop towards 1700 zone without correcting and testing 1755-1760 resistance zone

Scenario 2:
Gold will correct and test resistance and fall after to a new local low

In any case, Gold is strongly bearish as long as it stays under 1760


🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.