fortunamarkets

Gold Prediction(5/7/2024)

Short
PEPPERSTONE:XAUUSD   Or / Dollar Américain
in our last analysis, We had anticipated the price drop in gold. still, We believe the gold price XAUUSD has more room to fall more.

As you can see the price made a sharp decline last week. after that during the week corrected, right now geopolitical matters seem calm so the market is shorting gold.

Our technical view has been shown in the chart.

If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC

(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.