Gold Spot / U.S. Dollar
Short
Updated

XAUUSD: Gold analysis and manipulation

701
snapshot

Gold rebounded some gains on Friday and will fall for a third straight week on the possibility of a last-minute debt ceiling deal and higher-than-expected U.S. inflation. The next turning point in gold prices may be after the Fed's June interest rate decision, and if the Fed stops raising interest rates, it is expected to bring a reversal opportunity for the current weak gold price.
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gold:sell@1951-1956 tp1 1940 t2 1930

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Gold is now in a clear downward pullback structure
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U.S. stocks are closed and the market is not active
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Sideways oscillation
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