XAUUSD Gold Price forecast - Forex Trading Today

May begins. There may be no big change in the market.

Gold: Gold prices will fall. In May, XAUUSD will try to confirm the $ 1,250 line. The resistance lines are $ 1288.5 and $ 1295.9. If they rise above $ 1288.5, it will be opportunity to sell.

There are experts who say that silver prices will surge. In my opinion, silver prices are likely to decline. The resistance lines are $ 15.1 and $ 15.35. The support line is $ 14.2. I will hold the sell position.

[Gold price daily chart, XAUUSD]
Gold Price forecast, XAUUSD - Gold trading today

WTI: Crude oil prices will continue to rise. The crude oil market will remain very tense. If crude oil prices fall, it will be opportunity to buy. The support for Brent is $ 68.5 and for WTI is $ 59.5.

Euro: The euro is in a downward trend. The resistance lines are 1.124 and 1.1282. Because ERUUSD is on a very strong support , it will fall slightly and slightly. The support is 1.082.