XAUUSD News

(14 votes)


Last Updated Date: 31 May 2021 @ 4:37 AM (UTC)
*Please note that all the dates are in GMT time zone

Friday’s break still alerts for an initial turnover to short term peaking action. The near term trade is congesting as momentum forces are shifted to the downside. Look for selling to again attack 1880.0 support. A close under 1880.0 confirms a short term top, opening up potential selloffs to 1843.0. The market will need to climb back to a close over 1912.0 to rekindle bull trend forces.

 
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