Gold forecast for today based on XAUUSD analysis - what to expect?

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Gellert Debreceni19 / May / 21

Gold is trading in a span between 1873.00 counteraction and 1864.00 maintenance. A collapse of 1873 resistance will bring to a test of the 1878–1876 Gold Zone. A strengthening above the Gold Zone will let purchase to Target Zone 2 of 1903–1898 to be considered.

In case the support is broken through 1864, the price will go into a deep modification with the target at the Intermediate Zone 1852–1850. You can make use of this idea and vend the precious metal.

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Gellert Debreceni

Gellert was born in Baja, later moved to Budapest. He graduated the Central European University – Department of Economics and Business. He was liable for forming an interpretation of data, and for prompting staff on financial strategy. Besides, he is engaged with conveying monetary investigation to customers and in utilizing outlines and charts to disentangle complex issues