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04.05.2023 XAUUSD Gold Forecast

My previous analysis has been confirmed as the market reached the target zone.

After a bullish impulse leg and level rejection, the price is currently undergoing a pullback, retracing approximately one-third of the bullish move.

The market is forming a potential buy area near the upward trendline and support level.

I expect gold to range before retesting the resistance zone.

My target is at the resistance zone around 2044-2045.

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The post 04.05.2023 XAUUSD Gold Forecast appeared first on Exness Global, Exness Indonesia, Exness Turkey, Exness South Korea, Exness Japan, Exness India, Exness Thailand, Exness South Africa.



This post first appeared on Free Trading Signals For Forex Traders, please read the originial post: here

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04.05.2023 XAUUSD Gold Forecast

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