Trading Spot Gold (XAU/USD)

Research Notes For 19 to 23 May > https://www.unum.capital/post/r1923may

Trade Local & Global Financial Markets with Unum Capital.

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Previous Post (Thursday 15 May): Trading Spot Gold: Lower by $300 + In Line With Model Reading. Gold reached the sell re-entry range, followed by a sharp rejection which has led to a $300 decline.

The setup below was featured in our recent report, published on Sunday (04 May).

The move lower is also in line with our note on 15 April which alerted traders to 'Sellers Becoming Active'. Original Note at the following link: https://www.unum.capital/post/sptgold

Lester Davids

Senior Investment Analyst: Unum Capital