GOLD will Retrace in the Near Future!

XAUUSD Gold Traders
05-01

Hello everyone! Today i want to share some macro analysis with you!

1.

$Gold - main 2506(GCmain)$ fell below $3,250 and retreated more than $40 from its daily high!

Touching near 3244, a belated decline, gold is now falling below key support locations! Intraday, the downtrend is expected to continue!

Trade with the trend and keep sell orders trading!

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2.

Gold chose to continue entering sell orders at 3238-40, TP:3220 SL:3250

3.

I have always believed that gold will retrace in the near future! And reach 3250!

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