Today on Gold: XAUUSD
Bias: Sell 🔴
Reasons for Sell Bias:
1️⃣ Rejection at Resistance (2862 - 2870)
• Price has reached a key resistance zone and is showing signs of rejection with a strong bearish candle.
2️⃣ Overextended Bullish Move
• Gold has been in a strong uptrend, but this sharp rally might need a pullback before continuing higher.
3️⃣ Bearish Candlestick Formation
• The latest candle is a strong rejection wick, indicating that buyers are struggling and sellers are stepping in.
Reasons for Sell Bias:
1️⃣ Rejection at Resistance (2862 - 2870)
• Price has reached a key resistance zone and is showing signs of rejection with a strong bearish candle.
2️⃣ Overextended Bullish Move
• Gold has been in a strong uptrend, but this sharp rally might need a pullback before continuing higher.
3️⃣ Bearish Candlestick Formation
• The latest candle is a strong rejection wick, indicating that buyers are struggling and sellers are stepping in.
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.
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.