Gold prices remain sustainably below 200-SMA since late April, pressured inside a three-week-old rising wedge of late. Given the steady RSI and sluggish MACD, the bearish bias is likely to prevail. However, a clear downside break of the stated wedge’s support, around $1,844, becomes necessary to confirm the downward trajectory towards the yearly low marked in May,...
NZDUSD is in good point to move downward from here and if the war news not shift the market then we can aspect nzdusd to get bearish and hit our target of 140 pips
Gold has dropped significantly from higher levels now trying to find support at weekly chart.
Buy XAUUSD @1680-1685 Levels
Stop Loss @ 1675
Take Profit @ 1705
