XAUUSD: 500 pip trading strategy!
Dear friends, XAUUSD continues to gain some recovery momentum as it has reclaimed 2625, but the main trend and the long-term trend are still moving in a bearish direction from the head and shoulders perspective.
In the short term, the price is approaching 2650 and XAUUSD is approaching the neckline limit. And the bearish pattern is expected to continue to strengthen in the near term, as shown by the unchanged 34.89 EMA, the target is the support levels of 2605 - 2600.
And you, how do you think XAUUSD will move in today's trading day!
In the short term, the price is approaching 2650 and XAUUSD is approaching the neckline limit. And the bearish pattern is expected to continue to strengthen in the near term, as shown by the unchanged 34.89 EMA, the target is the support levels of 2605 - 2600.
And you, how do you think XAUUSD will move in today's trading day!
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