Should we sell XAUUSD now?

Hi there! It is 4.30 p.m. in Bangalore, 7 am EST. And XAUUSD is trading around $2412. Just two days ago, on July 17, 2024, it was at $2483. So, we have come off by 2.85% in a couple of days. Was that high significant? Let’s take a quick look.

I will try and send you such quick and easy analyses on a more consistent basis. Stay tuned!