– Thursday Daily candle closed strong Bearish at around 2328.600 as Gold drops by $52 from Wednesday’s close. I’ll be looking for potential Buys above 2335.400 targeting Hourly Resistance formed around 2346.000, Leaving Runners to the recent previous Hourly Support formed around 2355.000. I’ll be looking for potential Sells below 2324.400 targeting 30min Support formed around 2316.800 and 4h Strong Support held on 9th May 2024 around 2308 level. Anticipated high-impact news ahead of the New York session is expected to increase market volume, presenting more opportunities for traders to participate in the market.
