💡Don't miss the great sell opportunity in XAUUSD

12 de jul. de 2021

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1812.16).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. XAUUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 33.

Take Profits:
TP1= @ 1795.8
TP2= @ 1790.1
TP3= @ 1783.9
TP4= @ 1773.7
TP5= @ 1765.7
TP6= @ 1753.2

SL: Break Above R2

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