OANDA:XAUUSD   Gold Spot / U.S. Dollar


Recent Development: As suggested in pervious update that $2352 range is indicating a positive trend which was achieved, high taken was $2379.21 πŸ‘πŸ»βœ…

Current Gold Price (CMP): $2344.35 πŸ“

As of May 13th, 2024:
Recommended Selling Price Range: $2332-$2358-$2277 (as per analysis on May 9,May 10th 2024, at 15:00 hrs and 13:11 hrs respectively) is achieved,
The market opened today with a bearish momentum following Previous Selling channels Gold surged to a low of $2339.05πŸ’Ή

Revised Guidance:
Traders who have sold within the $2377-$2358-$2332 range are advised to Book profit on both $2377-$2358 positions ,the next buying target could be in the range of $2325-$2305-$2283.

WARNING: It is crucial not to risk more than 5% of your capital, as there is potential for loss.

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