Does XAUUSD Still Face Downward Pressure?
Hello everyone! Today i want to share some macro analysis with you!
1.
$XAU/USD(XAUUSD.FOREX)$ $Gold - main 2408(GCmain)$ continues to oscillate around 20 pips up and down! Depending on the support and pressure, sell orders buy orders can be profitable and more suitable for short term trading!
This situation will be broken tomorrow after the ADP data is released! In the medium term I think XAUUSD still has downward force!
Follow me to learn more about analysis!!
https://x.com/TradersXauusd
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
