We will continue to hold a bearish viewToday, the XAUUSD market is mired in extraordinary volatility. The uptrend in prices has continued unabated, with values rocketing to $3086. This powerful rally has inflicted heavy losses on bearish traders, leading to a mass liquidation of their positions.
Currently, the market is in a “double - whammy” situation, where both bulls and bears are feeling the pinch. This is the result of large - scale capital inflows. Savvy institutional investors and market players are deploying capital strategically, aiming to maximize profits.
Despite this current upward surge, we remain unwaveringly bearish. Our comprehensive analysis, which encompasses long - term economic trends, geopolitical developments, and technical indicators, further validates this stance. Many fundamental indicators suggest that the ongoing rally is merely a short - lived market anomaly. As the market digests various macroeconomic data, we anticipate increasing downward pressure that will eventually reverse the current uptrend.
We must not let these large - scale capital operators achieve their objectives. By staying true to our bearish view, maintaining strict risk management, and making well - informed trading decisions, we can counteract their market - manipulating tactics.
💎💎💎 XAUUSD 💎💎💎
🎁 Sell@3085 - 3080
🎁 TP 3040 3030 3020 3010 3000
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