GOLD (XAUUSD): Key Levels to Watch🥇

3 במאי 2022

Gold broke and closed below a strong demand cluster yesterday.

Now the market is approaching a very important zone of confluence:
we see a perfect match between major rising trend line and 1844 - 1854 horizontal demand zone.
Taking into consideration that the market is still trading in a bullish trend,
I will look for a confirmation to buy gold from the underlined zone.

Key resistances to watch:
1871 - 1891 supply cluster
1913 - 1921 supply cluster

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4 במאי 2022

הערה

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