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FX.co ★ Technical analysis of GOLD for May 28, 2018

Technical analysis of GOLD for May 28, 2018

Technical analysis of GOLD for May 28, 2018

According to the 4-hour chart, gold is still moving in the bearish bias. After the price touches the previous resistance, it seems gold now wants to try to re-test again this level again in a few days ahead if Gold does not break out and closes above the $1,305.75 level. Meanwhile, the precious metal is still moving with a bearish bias.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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