fortunamarkets

Gold Prediction(5/7/2024)

Kort
PEPPERSTONE:XAUUSD   Guld / USA-dollar
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.

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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.)
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