XAU/USD

May 5, 2022

We expect the gold price to rise to settle now around the level of 1890, which will keep the gold price bullish. To reach the levels of 1950
The stop loss is at 1850.
Support: 1850
Pivot point: 1870
Resistance: 1950
Gold price trend: bullish by trading the highest levels of 1890, targeting the 1950 level, provided that 1850 is not breached

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