FXCM

XAUUSD rallies into H1 resistance; daily still weak

Short
FX:XAUUSD   Or / Dollar Américain
The left chart shows the XAUUSD daily timeframe. Price is in the bearish area, between the lower blue and lower red bands. The right chart shows the XAUUSD hourly. Here the price is rising into resistance (red shaded horizontal). We are looking to see if this is a key level i.e., if price will react at this level. If it does, a bearish cross of the EMAs and stochastic will be considered bearish developments, aligning the short-term traders with the longer-term trend.

Follow and Trade this analysis from your Charts. FXCM now Integrated with TradingView. Contact FXCM for more information.
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.