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Gold forecast for today: XAUUSD analysis
May 02 at 09:09
Membro Desde Sep 09, 2024
47 posts
The short-term downtrend in gold continued yesterday. As a result, the target zone 3274 - 3252 was broken. The quotes also approached the next selling target in the area of the gold zone 3199 - 3192. Today an upward correction is developing. The possible target of the correction is resistance (A) 3284 - 3276. After the test of this resistance it will be profitable to consider new sales of the instrument with the main target at the minimum of yesterday. Trading decisions on XAUUSD for today:Sell near resistance (A) 3284 - 3276. Take Profit: 3242, 3201. Stop Loss: 3299.

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