22.05.202518:15 Forex Analysis & Reviews: Trading Signals for GOLD for May 22-25, 2025: buy above $3,281 (21 SMA - 6/8 Murray)

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Early in the American session, gold is trading around 3,282, undergoing a sharp technical correction after reaching a high of 3,244 just after covering the gap left on May 8.

Gold could continue its decline in the coming hours. Only if it consolidates below the 6/8 Murray could it reach 3,277, 3,235, and finally cover the gap left on May 15 around 3,199.

On the other hand, if the 6/8 support proves strong, we could expect a technical rebound in this area, which could be seen as a buying opportunity with targets at 3,320 and the 7/8 Murray at 3,359.

A technical rebound around 3,281 could be seen as a buying opportunity with targets at 3,357.

The Eagle indicator is showing a negative signal, suggesting that gold's decline could continue in the coming days. To do this, we must pay attention to the 3,281 zone; below this area, the outlook could be negative.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.