XauUsd has entered the sell zone indicated in the morning. A drop from here back under 2415 would confirm that a new leg down could be next.
After closing the day with a strong Pin Bar, XauUsd continued down and also broke under 2390 zone support. The next target for bears could be, as I previously said, the 2350 zone. Sell rallies should remain the strategy
Yesterday, XauUsd dropped exactly from my sell zone and, after leaving a nice Pin Bar on our daily chart, continued down in the Asian Session, breaking also under 2390 zone support. This type of price action has strongly bearish implications and I expect further down moves. Trades should watch the broken level for rates and look for signs of weakness
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Gold- at important junctureSHORT
XauUsd has entered the sell zone indicated in the morning.
A drop from here back under 2415 would confirm that a new leg down could be next.
After closing the day with a strong Pin Bar, XauUsd continued down and also broke under 2390 zone support.
The next target for bears could be, as I previously said, the 2350 zone.
Sell rallies should remain the strategy
Yesterday, XauUsd dropped exactly from my sell zone and, after leaving a nice Pin Bar on our daily chart, continued down in the Asian Session, breaking also under 2390 zone support.
This type of price action has strongly bearish implications and I expect further down moves.
Trades should watch the broken level for rates and look for signs of weakness
（Source from: TV-Mihai_Iacob）