Gold Market Prediction (06/05/2024)
Please keep in mind data releases and political updates today.
Scenario 1: long positions above 2308 to target 2320 and 2328.
Scenario 2: short positions below 2308 to target 2300 and 2292.
Pivot: 2313.
Resistances: 2320 / 2328 / 2336.
Supports: 2308 / 2300 / 2292.
Comment: the RSI lacks decline momentum.
Disclaimer: This report and the following updates are analysis only, not investment advice.
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