Jayce_Pham

[Short trend] XAUUSD 31/05 - 04/06

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OANDA:XAUUSD   黃金現貨 / 美元
Forecasting gold for next week :
- Momentum on D1 : Gold at very sensitive position & it need to pull back to collect more power before strong movement.
- 4h & 1h : Gold will go down slightly & go up again as the last wave on D1.

FA :
- M2 Supplier will be published after Covid-19 to the economy.
- Crypto as the most attractive assets but they are in selling panic status. Money might come to Gold a little with Stock & Realty.
Totally, Gold can go up as FA.

Meanwhile, we need to follow gold carefully at every resistant & support. Every unpredictable situation can occur.
Thank you.
Jayce

Jayce Pham - Founder & CEO of NCI Trading system
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