XAU/USD: Ready for another Decline? (READ THE CAPTION)

5月27日

By examining the #EURUSD chart on the 3-day timeframe, we can see that the price is currently trading around 1.132. If it manages to hold below 1.14, I expect further downside. The bearish targets are 1.12790, 1.11800, 1.10700, and 1.096 respectively.

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Best Regards , Arman Shaban

5月28日

交易進行

By examining the gold chart on the 4-hour timeframe, we can see that exactly 4 hours after our previous analysis, the price managed to stabilize above the $3300 level and climbed up to $3325. Gold is currently trading around $3305, with key demand levels at $3302, $3298, and $3294. Keep an eye on how the price reacts to these zones!