XAUUSD formed candlestick pattern: Long Upper Shadow, Bearish Signal.
Break & Hold Below 1877, Cancel Bullish Medium Term Outlook. Turned to Neutral. Potentially Testing 1835 (MA 50 & 100 W) & 1785.
As a reference, You can also see my XAUUSD H1 bearish outlook www.tradingview.com/chart/c8tlaz7n/
ABOVE 1660, BUY ON WEAKNESS.
Break & Hold Above 1998, Bullish Medium Term Outlook Resume.
Break & Hold Below 1660, Bearish Medium Term Outlook. But,
LONG TERM OUTLOOK STILL BULLISH !
Break & Hold Below 1877, Cancel Bullish Medium Term Outlook. Turned to Neutral. Potentially Testing 1835 (MA 50 & 100 W) & 1785.
As a reference, You can also see my XAUUSD H1 bearish outlook www.tradingview.com/chart/c8tlaz7n/
ABOVE 1660, BUY ON WEAKNESS.
Break & Hold Above 1998, Bullish Medium Term Outlook Resume.
Break & Hold Below 1660, Bearish Medium Term Outlook. But,
LONG TERM OUTLOOK STILL BULLISH !
It's WEEKLY CHART.
NOT DAILY CHART