Gold XAU/USD (Cautiously Bullish)

١ يونيو ٢٠٢١

View On Gold XAU/USD (1 June 2021)

Gold is in the winning streak recently and I am expecting $1,915~$1,920 is within the reach.

At the same, you need to be careful of chasing the runway market too as they can get bear attack easily.
Moreover, the yesterday move is kind of weird as the market is going up in the midst of US memorial holiday. It is fishy to me.
So, it will be very wise to take a strong precaution.
A very good support level is 1,880 and $1,850.





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