XianW

XianW Updated 

For now, I'm watching this zone, and I remain positively bullish, following the larger uptrend. The prediction is that the pair will continue its bullish momentum in the short-term outlook, with the next target at 172.00, followed by 174.00. However, if the pair breaks below the 165.40 support, it will indicate a bearish reversal and could lead to a decline...

XianW Updated 

Gold price is experiencing a three-day downtrend due to mixed sentiment allowing the US dollar to remain stronger. The fears of US debt ceiling expiry and witnessing an economic slowdown in the US are also contributing to the bearish bias of XAUUSD. The first scenario is a bearish outlook where gold prices will continue to decline, and the immediate support will...

XianW Updated 

EMA5 has crossed the line along with price touched the support 1911. Following the trend line , I think the price movement most likely will go bearish , targeting 1754.