FxMarketStrategy

GOLD Support at 2311 and target 2350

Largo
TVC:GOLD   CFDs sobre oro (USD/OZ)
Hello traders

Gold has found a recent support at 2311 and the next target area at 2350

It is advisable to avoid any sell in GOLD, Gold is in a very strong up trend an dpotentially will continue

The May 13th inflation report will be a gate opnner for the gold to rally if the inflation dropped better than expected.

Hold gold and wait, As well as #US10Y and #US02Y has been falling and will continue sharply if the inflation dropped strongly. This will increase the market pricing of the feds cutting rates sooner.

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