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Tradeshala
25 paΕΊ 2022 14:17

XAUUSD Analysis until NOV 2nd, Interest rate announcement! Β Short

GoldOANDA

Opis

β‹…
πŸ“‰ [Sell Stop] Gold - Bearish - We look to Sell at 1615.08

β–ͺ The medium-term bias remains bearish.
β–ͺ Following last week's retracement candle, the overall trend is set to continue downside.
β–ͺ A firmer opening is expected to challenge bearish resolve.
β–ͺ Prices are expected to stall near trend line resistance at 1675-1680.50 levels.
β–ͺ We look to sell rallies in the coming weeks or so.
-Heavy volatility is expected after the Interest rate announcement on the 2nd of Nov.

Confidence: ⭐⭐⭐⭐⭐
β›” Stop 1615.08
🎯 Target 1: 1601.70
🎯 Target 2: 1575.30
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