Gold Market Prediction (02/04/2024)

Nexus Gold
May 2, 2024

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Please keep in mind data releases and political updates today.

Scenario 1: long positions above 2307 to target 2336 and 2346.

Scenario 2: short positions below 2307 to target 2295 and 2282.

Pivot: 2307.

Resistances: 2336 / 2346 / 2352.

Supports: 2307 / 2295 / 2282.

Comment: the RSI is mixed with a bullish bias.

Disclaimer: This report and the following updates are analysis only, not investment advice.

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