Gold outlook as of 12 May 2021

I have been waiting for some good setup on gold and i think now is the good time to look for short opportunities, entries would be very better if they are around 1850 ..... a daily close above 1860 will invalidate the whole idea for selling the pair. If market sustain below 1850-1860 region on a daily closing bases, then i am bearish until it hits 1790-1770 region.


Good luck.
Trade with care