Oro / DollaroShort
GOLD → $1,950 in sight
Hourly candles see the XAUUSD knocking back into the 200-hour Simple Moving Average (SMA) after a failed bid for higher chart ground, slipping back from Wednesday's weekly high set at $1,975. The 50-hour SMA is showing a mixing of near-term momentum, consolidating with the longer moving average near $1,960.
On the daily candlesticks, the XAU/USD is churning after a bounce off the 200-day SMA is facing resistance early on. The 200-day and 50-day SMAs are consolidating around $1,930 as long-term momentum drains out of Spot Gold, and sellers will be looking for a break of last week's bottom bids near $1,930 while the topside target remains late October's high-water mark etched in just north of the $2,000 major handle.
XAUUSD knocking back into the 200-hour Simple Moving Average (SMA) after a failed bid for higher chart ground, slipping back from Wednesday's weekly high set at $1,975. The 50-hour SMA is showing a mixing of near-term momentum, consolidating with the longer moving average near $1,960.On the daily candlesticks, the XAU/USD is churning after a bounce off the 200-day SMA is facing resistance early on. The 200-day and 50-day SMAs are consolidating around $1,930 as long-term momentum drains out of Spot Gold, and sellers will be looking for a break of last week's bottom bids near $1,930 while the topside target remains late October's high-water mark etched in just north of the $2,000 major handle.
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🟢Free Signals:
t.me/forextradingfusion
🔴Contact:
t.me/tradingconmike1
t.me/forextradingfusion
🔴Contact:
t.me/tradingconmike1
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.