KangeloFxGroup

XAUUSD - 02 May 2021 Overview

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Gold has not been somewhat clear of the direction. Currently the price has been in a downward channel for Sells. We broken Support in March 2021 which then became Resistance. As at the end of April 2021 price has come back to retest this Resistance at 1797,xx. We will be looking at SELLS at the break of 1754,xx if nothing changes from Fundamentals.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.