Xauusdforexsignal
XAUUSD NeutralTime Frame: 4H
Symbol: XAUUSD
Bias: Neutral
The price pattern of gold is not showing any optimism for the time being. An obvious sign of lethargic movements is the position of different moving averages that we have attached for technical analysis purpose. We do not see any significant bias.
XAUUSD bulls may take the driver seat on June beginningPrice on 1840 or even 1835 could be strong support zone for Gold against Dollar this week, May month has dominated by bears through out and June month begins may bring bulls to the scene to bring the price higher around 1900 this week, technical analysis suggest the same
Analysis only for education purpose
XAUUSD ShortTime Frame: 4H
Symbol: XAUUSD
Entry: 1852.145
TP: 1752.506
SL: 1920.319
Bias: Short
For this instrument our major bias is short. There is a possibility of dropping from the current price level. Provided that the conditions are in favor, we can expect a sell trade from the current pattern.