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Gold Forecast for Today: XAUUSD Analysis
May 01 at 15:38
Member Since Sep 09, 2024
22 posts
The short-term downtrend in gold continued today. As a result, the minimum of last week was updated. Also market participants break through the target zone 3274 - 3252. The next selling target is the gold zone 3199 - 3192. New sales should be considered on correction from strong resistance levels. The nearest strong resistance is the 3303 - 3296 area. XAUUSD trading decisions for today:Sell near resistance (A) 3303 - 3296. Take Profit: 3262, 3221. Stop Loss: 3318

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