XAUUSD - Potential Downtrend
Potential Downwards move from here. 1872-75 can also be visited however, Looks bearish, invalid above 1890.
Reason:
-DXY above daily Resistance
-Bear Divergence on Weekly TF (Gold)
-Buy stop Liquidity, as mentioned at the start of the week.
-Bearish Butterfly on daily.
Current Support 1835, 1821, 1798. Can be used as TP. Below 1780 Heavy Bear.
BSL - Buy Stop Liquidity
Reason:
-DXY above daily Resistance
-Bear Divergence on Weekly TF (Gold)
-Buy stop Liquidity, as mentioned at the start of the week.
-Bearish Butterfly on daily.
Current Support 1835, 1821, 1798. Can be used as TP. Below 1780 Heavy Bear.
BSL - Buy Stop Liquidity
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.