Top.Mail.Ru
empty
 
 
05.06.2026 07:38 PM
Trading Signals for GOLD on June 5-8, 2026: buy above $4,320 (21 SMA - 6/8 Murray)

This image is no longer relevant

The gold chart shows it's in the midst of a sharp decline and is likely to continue its downward movement until it reaches the lower band of the descending trend channel around $4,288 in the coming days.

If gold consolidates below $4,375 in the next few hours, which represents strong support, we could expect a continuation of the downward movement, reaching the $4,320 weekly support, $4,301 monthly support, and finally $4,288.

We could expect gold to consolidate around $4,320 or $4,300 to anticipate a technical rebound. The trading idea could be to buy around this zone, always with great caution, as bearish pressure persists.

At current price levels, we can sell gold below $4,375, as we observe a breakout of the Murray 6/8. Therefore, the target price would always be around $4,320 or $4,288.

The Eagle indicator is showing a negative signal, so we believe that gold will continue to fall in the coming days to reach the 5/8 Murray level around the psychological level of $4,000, but before this happens, we should expect a rebound towards the 21-period SMA.

Summary
Urgency
Analytic
Dimitrios Zappas
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Junio, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback