xauusd chart weekly(long bobe 2010-12 and shoet belwo 2010 ans

Xauuad is overall in uptrend as far we are above 200 ma but for now a move towards 1960-1950-1940 is expected.trend will change if we closed below 1920 on daily basis.dxy ia getting momentum another rate hike of 25bps is expected in may which is bearish for gold.rate cut and recession these are positive for gold as a cycle june july august these are negative months foe gold and we may see a big drop before climbing to ATH.