5.14 Gold Situation

83
5.14 Gold Situation

Gold closed with a positive cross overnight. Gold fell for the second time last night, but did not break a new low. On the contrary, gold bottomed out and rebounded.

Combined with today's downward trend, under the strong short position, if it rises again and still cannot break through 3260, it will most likely break through the bottom of 3200.

BUY: 3210
SL: 3200
TP: 3240

SELL: 3230
SL: 3240
TP: 3190

Thank you for your attention, I hope my analysis can help you.

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.