Gold Looks Ready For A Downward Move Ahead

Published 05/30/2018, 07:00 AM
Updated 07/09/2023, 06:31 AM
XAU/USD
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GC
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Since the submission of my last analysis, on analysis of the Gold futures on May 30th, 2018 at 06:35:00, in different time frames, I find that the Gold bears look too eager to strike as the Global markets have started to indicate geopolitical interference in the economic world. Amid the currently prevailing geopolitical situations, I find that the movement of Gold futures at the current level is evident enough to attract more bears to proceed before a downward move. I find the gold bears will definitely prove their strength during the upcoming weeks. Watch this video for more understanding of the following


Gold Futures Monthly Chart - Expected Trading Zones

Gold Futures Weekly Chart - Expected Trading Zones

Gold Futures Daily Chart - Expected Trading Zones


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