AlgoVenture

Gold: Weekly Forecast 27th - 31st May

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
The gold has failed another attempt to break new low and rebounded off strongly which led to a 2-days again.
The strong rebound by a strong bullish candle also shows a second break-above of the 3-month falling wedge.
The price is expected to climb further towards the current supply zone at 1296.
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