Trading Signals for GOLD (XAU/USD) for May 15-17, 2024: sell below $2,375 or buy if rebounds at $2,354 (21 SMA - 6/8 Murray)
If gold falls and consolidates below 2,340, the outlook could be negative and we could expect a bearish acceleration towards the psychological level of $2,300 or around the 200 EMA at 2,303.
Dimitrios Zappas
ago