EXNESS - Analytics

    EXNESS

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    Real

    GOLD: growth before the publication of the statistics on new home sales in the United States

    Buy on a level breakthrough of 1277 with 1300 target. Stop loss = 1267.

    Reason for the trading strategy

    Expectations of a decline in the number of new home sales in the United States in May put pressure on the world's reserve currency, and it maintains the demand for gold. In the short term, the gold prices could enter the range of $1277-1300. 

     

    GOLD, H4

     


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