xauusd technical analysis on dated 09-12-2022

Gold Trading

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  • Price action has posted a bearish Outside Day and is negative for short-term sentiment.
  • Inside Soldiers have been posted on the daily chart.
  • A Fibonacci confluence area is located at 1805.00
  • Preferred trade is to sell into rallies.
  • Bespoke support is located at 1770.00


Recommendations: Sell/Sell limit @ 1804   TargetTP: 1770/1732