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🔎 Quick updates – XAUUSD
📊 General direction
Clearly bearish 🔽
Strong rejection + strong bearish candle at 4,849 points
Breakthrough of demand zone 4,786 = double increase
🔽 Sales (strongest)
Entrance:
Retest 4,786
Or break through 4,771
Target:
🎯4,767
🎯4,751
🎯4,729
Donations: 4,816
🔼 BUY (weak/bounce only)
Attendance: 4,767 – 4,751
Target:
🎯4,786
🎯4,816
Donations: 4,729
⚡ Conclusion
Trend: Bearish
Strategy: Sell on dips
Any uptick = just a correction, not a trend
Engineer Montasse Almontasse
CSO | Investment Fund Development
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The information and publications are not intended to constitute or constitute any financial, investment, trading or other type of advice or recommendation provided or endorsed by TradingView. Read more terms of use.
