GOLD 31/05: Gold at the end of the month has many fluctuations!

GOLD Gold prices rallied to refresh the day's high as buyers celebrated a two-day winning streak, after refreshing a 10-week low. In doing so, XAU/USD doesn't justify the latest DXY rally but cleverly cheers falling Treasury yields.

Gold prices edged higher past resistance turned support at 1,955$ including the 5-DMA and the previous monthly low.

GOLD bounce also broke through the immediate support of 1,975$ including the 23.6% Fibonacci in one day to further convince the commodity bulls.

I would consider selling GOLD at 1963-1965
Stoploss 1975
My own expected return is 1958-1952-1945

What do you think? Please comment to let me and everyone know.
And fully install TP, SL to win the market!

Trade attivo:

Stay tuned and wait for me to update the market as soon as possible

Trade attivo:

The entry point is being activated

Commento:

SELL GOLD 1965 => 1961. +40pips✅✅

Trade chiuso: obiettivo raggiunto