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Gold Forecast for Today: XAUUSD Analysis
13 hours ago
Member Since Sep 09, 2024
42 posts
After reaching the first selling target from resistance (B) 3372 - 3360, gold is correcting upwards again and testing the trend boundary 3372 - 3360. If this zone is held by the sellers, we can consider selling again with the first target at 3310. The second selling target will be the June low at 3248.If the resistance (B) is broken upward, the short-term trend will change to an uptrend. In this case it will be favorable to consider buying the instrument with the main target in the area of the upper target zone 3495 - 3473.
Trading decisions on XAUUSD for today:Sell near resistance (B) 3372 - 3360. TakeProfit: 3310, 3248. StopLoss: 3394.

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