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XAU/USD, GOLD

GOLD / Gold / XAUUSD

XAU/USD, GOLD

Saturday technical analysis of the pair on the 5-minute chart. Short term. From the level 4191.76 the price is moving back down. The price is working off the large red zone. The blue zone is periodically used by the price as a resistance level. The price may fully work off the red zone and return to the parameters of its previous flat at the level 4117.01
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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