Harusaki

Harusaki Updated 

Fundamental Slower US GDP growth and rising unemployment claims weaken the Greenback. Traders eye April’s PCE inflation data, which could dictate XAU/USD’s direction. Traders are anticipating the release of April’s Personal Consumption Expenditures (PCE) Price Index, which is the Fed’s preferred measure of inflation. The core PCE figure is expected to be 2.8%...

Harusaki Updated 

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.

Harusaki

Falling Three Pattern on the Daily Chart A falling three pattern has formed on the daily chart. If the price breaks below the Kumo, it could reach $2285 by Monday. 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.