Gold daily chart say :

7 мая 2022 г.

technical say AC indicator daily is buy(always if low break, AC buy will turn sell) on lower time frame fibo 61% 1940 still is upper target for short term
but for long term
if gold break Red trend line is important buy signal and upper target is near fibo 161% =2100

for coming days :
2 scenario can happend , go directly up , break red line and fly up to 2080 -2100
or
gold on bad news ,break low (sellstop possible but very very low size) then go down touch 1820 (buy limit place) and start big + up trend to 2100


ALERT= if gold break 1900 trendline , we must looking for buy , under 1940 fibo 61% we can put sellimit


wish you win