XAUUSD Gold price movements tend to decrease

By Scalper_Ananda
Updated
Gold edged lower to $2,330 per ounce on Wednesday, as the US dollar stabilized ahead of May’s US jobs report expected later this week. The US nonfarm payrolls will be closely watched as investors seek cues on the potential timing of the Fed rate-cut

🔴SELL GOLD: 2348 - 2350, SL: 2354

🟢BUY GOLD: 2307 - 2305, SL: 2301

Breakout & retest:
📉Breaking and closing on: 2338 - 2354 - 2360
📈 Break and close below: 2322 - 2315 - 2306 -2300

🔼Support: 2322 - 2315 - 2305

🔽Resistance: 2338 - 2348 - 2354 - 2360 - 2374

GOOD LUCK EVERYONE👍
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