GOLD Signal – 5.7.2021

GOLD Signals TEAM July 5, 2021 Past Signals 0 Comments

SELL at 1790.50

T/P 1: 1786.50
T/P 2: 1781.50
T/P 3: 1776.50

S/L: 1802.50

#XAUUSD hit S/L Price with -1.200 PIPs Loss

🟨 Daily GOLD Forecast – 30.4.2024

An additional indication suggesting a decline in XAU/USD rates would be a challenge to the resistance line on the relative strength index (RSI). Following that, a breakout from the upper boundary of the bearish channel would serve as the second signal. Should Gold's potential price reduction option be revoked on April 30, 2024, we anticipate a robust upsurge in prices, coupled with a breach of the 2395 level. Such an occurrence would signify a breakthrough in the resistance zone, paving the way for sustained asset appreciation above the 2445 mark. Conversely, brace for a hastened descent in XAU/USD rates upon breaching the support zone and concluding below the 2290 threshold, marking a breach of the lower boundary of the bullish correction channel.

Posted: April 30, 2024 at 7:54 am

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GOLD Signal – 5.7.2021

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