GOLD WEEKLY FORECAST 29.05.2023
Updated
XAUUSD Weekly Momentum Candle already break down shown potential selling , but should considered a few things:-
1) Current Market Price (CMP) at Trendline Buy , and to be considered the 3rd Touch ..if rejected the price should be fly
2) CMP at EMA 21 and possible reject or break.
3) CMP at RBS Zone ...
So that monitor wisely at lower Timeframe and if there is opportunity then entry ... good luck
Note
If this week candle closed MORBING STAR , most probably uptrend next for new higher high
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.