GOLD 31/05: Gold at the end of the month has many fluctuations!

31 May 2023

GOLD Gold prices rallied to refresh the day's high as buyers celebrated a two-day winning streak, after refreshing a 10-week low. In doing so, XAU/USD doesn't justify the latest DXY rally but cleverly cheers falling Treasury yields.

Gold prices edged higher past resistance turned support at 1,955$ including the 5-DMA and the previous monthly low.

GOLD bounce also broke through the immediate support of 1,975$ including the 23.6% Fibonacci in one day to further convince the commodity bulls.

I would consider selling GOLD at 1963-1965
Stoploss 1975
My own expected return is 1958-1952-1945

What do you think? Please comment to let me and everyone know.
And fully install TP, SL to win the market!

31 May 2023

İşlem aktif

Stay tuned and wait for me to update the market as soon as possible

31 May 2023

İşlem aktif

The entry point is being activated

1 Haz 2023

Not

SELL GOLD 1965 => 1961. +40pips✅✅

1 Haz 2023

İşlem kapandı: hedefe ulaştı