PREDICTION XAUUSD - WEEKLY Short

GOLD (US$/OZ)TVC

Description

⋅ May 21, 2023 2:51 PM

Mapping Weekly - XAUUSD

Technical —> still domination Short. If the Fibo Level crucial area still holds. The retracement area 0.786 and 0.618 (max) is the reference for the confirmation area.

Fundamentals —> FED policy holds interest rate hikes likely until June 2023.

GOLDTRIC ANALYSIS