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Thursday, June 03, 2021

๐Ÿ’กDon't miss the great sell opportunity in Gold (XAUUSD)

๐Ÿ’กDon't miss the great sell opportunity in Gold (XAUUSD)


Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1897).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XAUUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 27

Take Profits:
TP1= @ 1875
TP2= @ 1848
TP3= @ 1828
TP4= @ 1797
TP5= @ 1762

SL: Break Above R2

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