Beautiful N Pattern in Gold Towards $2300

2024年5月30日

Beautiful N Pattern in Gold Towards $2300

Disclaimer: This is not a trading signal. Enter at your own risk.
I am not entering a new position now. I have already shorted from $2361 and placed my stop-loss in the profit zone.

2024年5月31日

交易結束：達到停損點

Price can not break below 2320.
Gold (XAU/USD) recovers and trades in the $2,340s on Thursday after the US Dollar (USD), to which it is negatively correlated, weakens following the release of the second estimate of US GDP data, which was revised down due to slower consumer spending.
Closed at $2348