Gold continues to trade in a short-term downtrend. If the low of May 12 is updated today, the market participants will try to break through the Target Zone 3210 - 3187. If this happens, the next selling target will be the Gold Zone 3135 - 3127.If the correction develops, we can expect quotes in the area of resistance (A) 3290 - 3282 or resistance (B) 3331 - 3320. From these resistances it is favorable to consider new sales with the main target at the low of May 12.


XAUUSD trading decisions for today:Sell near resistance (A) 3290 - 3282.TakeProfit: 3249 - 3207.StopLoss: 3305.