Gold may break out of the range and rise to 3450

5月6日

GOLD is rising and testing the resistance of the trading range. The important prerequisite is no drop after false breakout. Accordingly, buyers are building up and a close above 3367 may give a chance for a rise

The fundamental situation is changing, Trump is imposing new duties. In addition, gold is reacting to the escalation of the conflict in the Middle East. The metal continues to be a magnet for money

Scenario: A break of range resistance and consolidation above 3367 activates buying. The target of 3407 is 3444

5月6日

交易進行

5月7日

交易結束：目標達成