Analysis of Gold for May 31,.2021 – Potential for the downside swing and test of $1.853

Technical analysis: Gold has been trading sideways at the price of $1.905 but I see potential for the further downside movement. Trading recommendation: Watch for potential selling opportunistic due to overbought condition and not enough power from buyers. Downside targets are set at the price of $1.888 and $1.853. Stochastic is showing overbought condition and […]