GOLD: On the way $2500,Technical and Fundamentals Strong Bullish

20 May

XAUUSD

Price continued the uptrend as we had advised in our previous chart analysis, however, as the price reached $2443 where many big banks and institutional buyers cashed out led price to drop significantly. However, we expect price to grow towards $2500 which area remain a next big bull run. Currently, both fundamental and technical indicates further growth in the price. The price can rebound from 2406.

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Team Setupsfx_

22 May

İşlem aktif

23 May

İşlem elle kapatılmış

Did not go to our plan, rise up 180 pips from our area and then continue dropping.