Gold and Silver have both rallied strongly last week, they are now above the key resistance levels. Silver especially looks much better placed to rally compared to Gold. With the supports close by now there is a good chance that we see a good rally in the bullion.
#Gold #XAUUSD downward movement potential with risk:reward= 5.2
Analysis of Gold spot/US Dollar i.e XAUUSD
Time frame:15 minutes
What is the analysis?
Break out on the upper side and reach the target. MACD Is crossing below zero, so we can expect a downtrend movement with risk:Reward=5.2.Sell at 2020 with SL 2035 and target 1871.
HOPE our analysis is...