XAUUSD

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Hello traders ,what do you think about GOLD? Gold is still in the range above 2000 and below the resistance. Currently, there is no stimulus for gold to rise, and looking at the last 2 weekly candles, there are signs of weakness in the trend and a tendency to decline .According to the mentioned cases, we expect gold to fall to the specified level.The US retail rate is considered the most important factor for the movements of the ounce this week.
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١٦ مايو ٢٠٢٣

ملاحظة

About 400 pips fell from the analyzed zone. If you enter a sell position, you can exit