GhostSquawk

Gold falling into a trendline - #xauusd #gold

Long
OANDA:XAUUSD   Or / Dollar Américain
After reversing from the 2k handle, gold continues to fall further, landing at a trendline. As of now, we are seeing a bounce from this trendline, however, there is a POC underneath it and gold will likely try to get back into that zone around 1925-1935 if the trendline does not hold. As the risk sentiment in the market turns positive, the probability of a further selloff in the market increases and so we will need to monitor the NA trading session to see if the trendline holds or folds.

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.