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Gold to go to nearest liquidity void May 28, 2020

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If we look at the 4-hour chart, we can see that the liquidity void bellow the current price for Gold is now at 1704.92-1695.86. It acts as a magnet area for Gold. This scneario has already been confirmed by the CCI (30) that broke through all the 3 level 100, 0, & -100. The CI (30) demonstrates that Gold is likely to decline. This dcenarios will come true if Gold does not break out and closes above the 1714.52 level.

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The material has been provided by InstaForex Company - www.instaforex.com