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29/05/2026
Buy Limit Gold - Bullish - We look to Buy at 4371
▪ Continued downward momentum from 4462 resulted in the pair posting net daily losses yesterday.
▪ Selling posted in Asia.
▪ Trades at the lowest level in 43 days.
▪ Trading within a Bearish Channel formation.
▪ Trend line support is located at 4371.
▪ Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Confidence: ⭐⭐⭐⭐
⛔ Stop: 4321
🎯 Target 1: 4509
🎯 Target 2: 4542
⌛ Expires: 2026-05-29 05:00 (GMT+00:00)
Open Live Account Legal: HFM Investments Ltd is authorized by the Capital Markets Authority in the Republic of Kenya as a non-dealing online foreign exchange broker with licence no. 155.
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