📅 New Week, New Month:
As we step into June, new players are entering the market. We are near crucial buy zones for gold. Should the 2277.345 level break, we could see a larger move down, opening the chart for a more significant drop.
📉 Plan for Monday:
If there are no gaps over the weekend, the plan is to enter as the market opens. Typically, Monday's trend follows Friday's trend.
Plan A:
Sell at: 2332.40 - 2336.66
Plan B:
Sell at: 2352.82 - 2357.36
Target:2309.18
💡 Key Level to Watch:
2277.345: If this level breaks, expect a larger move down in gold.
🔔 Disclaimer:
This post is for educational purposes only and does not constitute financial advice. Trading involves substantial risk and is not suitable for every investor. Always conduct your own research before making any trading decisions.
Happy Trading! 🚀📊💰
#Gold #Trading #TechnicalAnalysis #MarketUpdate #Forex #Commodities #NewMonth #Investing
As we step into June, new players are entering the market. We are near crucial buy zones for gold. Should the 2277.345 level break, we could see a larger move down, opening the chart for a more significant drop.
📉 Plan for Monday:
If there are no gaps over the weekend, the plan is to enter as the market opens. Typically, Monday's trend follows Friday's trend.
Plan A:
Sell at: 2332.40 - 2336.66
Plan B:
Sell at: 2352.82 - 2357.36
Target:2309.18
💡 Key Level to Watch:
2277.345: If this level breaks, expect a larger move down in gold.
🔔 Disclaimer:
This post is for educational purposes only and does not constitute financial advice. Trading involves substantial risk and is not suitable for every investor. Always conduct your own research before making any trading decisions.
Happy Trading! 🚀📊💰
#Gold #Trading #TechnicalAnalysis #MarketUpdate #Forex #Commodities #NewMonth #Investing
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.