GOLD 29/06: Forecast for tonight

29 cze 2023

GOLD Gold nears $1,900 on stronger US Dollar, hawkish central banks
Gold prices attract new sellers after rising intraday to the 1912$-1913$ region and falling into the negative territory for the fourth consecutive day on Thursday. GOLD remains on the defensive during the European session and is currently placed near the lowest level since mid-March

All trends point to a decline in GOLD , and I expect that to happen too. Looking forward to an extremely great gold buying GOLD zone around the current price range. Around the 1910$ zone. I expect GOLD to bounce back to 1930$. However, around this zone, there GOLD will be a 0.5 fibo zone, so there will be a slight recovery, but then it will increase again.

Stop loss around 70pip for each trade signal. Wish us a lot of profit and win the market