Gold is trading in a correction to the short-term downtrend. Within the correction, the price is approaching the resistance (A) 3284 - 3276. After reaching this resistance, it will be profitable to consider new sales of the instrument with the first target at 3242 and the second target in the area of 3201.


If resistance (A) is broken upwards during the trades, the correction will continue to the trend boundary 3325 - 3314. After the test of the trend boundary it will be possible to consider sales with the main target at the minimum of May 1.  


XAUUSD trading decisions for today:Sell near resistance (A) 3284 - 3276.TakeProfit: 3242, 3201.StopLoss: 3299.