GOLD WEEKLY FORECAST 29.05.2023

29 May 2023

XAUUSD

Weekly Momentum Candle already break down shown potential selling , but should considered a few things:-
1) Current Market Price (CMP) at Trendline Buy , and to be considered the 3rd Touch ..if rejected the price should be fly
2) CMP at EMA 21 and possible reject or break.
3) CMP at RBS Zone ...

So that monitor wisely at lower Timeframe and if there is opportunity then entry ... good luck

9 Haz 2023

Not

If this week candle closed MORBING STAR , most probably uptrend next for new higher high