Strifor || XAUUSD-08/14/2023
Preferred direction: SELL
Comment: Buyers here also failed to take advantage of the 1912 support level, and the price only slowed down the fall, but did not reverse the price. Given this fact and the general context of the market, the level of 1912 is most likely to be broken down in the near future. The next stop of the metal is likely at the level of 1900, a round and psychologically important barrier.
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Comment: Buyers here also failed to take advantage of the 1912 support level, and the price only slowed down the fall, but did not reverse the price. Given this fact and the general context of the market, the level of 1912 is most likely to be broken down in the near future. The next stop of the metal is likely at the level of 1900, a round and psychologically important barrier.
Thank you for like and share your views!
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