XAUUSD new update

8 mai 2023

#GOLD
👉New forecast
The gold market bounced off the psychological support at 2000 by forming a long-tailed bar. Probably, the market will range around 2000 and then go up if the fundamental factors don't change. Price action closed above the range zone, which creates a strong support level. Price restested the range and rejected it. I expect long trade from the support level if price makes fake break or double bottom. My target is around resistance at 2040