Gold Trend 21/05 – Bottoming Out with Short-term Target at 4380
Although the downtrend in gold prices has slowed, the daily chart still shows lower lows (1), indicating no formal reversal yet. Recent price action has been relatively calm, moving within a descending channel (2). On Monday, gold broke below the ascending support line (3), showing short-term weakness. The target for the coming week is set […]

















