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GOLD Chart Analysis 31 May 2024

GOLD Chart Analysis. Today 31 May 2024. 

 

Today will be the last trading day of the month. As you know today can be a highly manipulated day for the month. Always look at the big picture. On monthly chart we can see the shooting star forming. This will be a bearish sign for the coming month. And on weekly chart we can see clear bearish divergence forming and it is already start moving down. So it is safe to look for bearish opportunities.

Mr. Roshan - FX SAM Team