empty
 
 
29.05.2023 03:31 PM
Gold: deeper drop possible

The price of gold changed little in the short term. It's located at 1,946 at the time of writing. Technically, the bias remains bearish in the short term. The yellow metal could extend its downside movement anytime.

XAU/USD moved only a little today as the US, UK, and German banks are closed. On Friday, the US data came in mixed. DXY's further growth should force Gold to drop deeper. Tomorrow, the US CB Consumer Confidence is seen as the most important event and could really shake the markets.

XAU/USD Sideways Movement!

This image is no longer relevant

XAU/USD continues to move sideways between 1,939 and 1,952 levels in the short term. Escaping from this minor range could bring us new opportunities. Technically, the current range may represent a downside continuation formation.

The median line (ML) of the descending pitchfork and 1,939 represent critical downside obstacles.

XAU/USD Forecast!

Dropping and closing below 1,939 activates more declines. This represents a new selling opportunity.

Ringkasan
Segera
Analitic
Ralph Shedler
Mulakan perdagangan
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $6000 lebih lagi!
    Dalam Diseember kami membuat cabutan bertuah $6000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget