GOLD MAY FALL IN SEPTEMBER

Aggiornato
Gold prices were mixed at the moment during Monday’s trading, coinciding with the stability of the dollar, as investors await key US jobs data to confirm their bets on the size of the Federal Reserve’s expected interest rate cut this month.

Generally, the direction is uptrend

Uptrend Side: The price touched the 2506 resistance level. If it breaks this level and the 4H candle closes above it, the price is likely to rise towards 2529.

Downtrend Side: Trading below 2506 indicates a downtrend toward 2591, with potential to reach 2475.

Tendency Keys: 2505
Trade chiuso: obiettivo raggiunto
as we mentioned, the price touched the support of 2491, so a break under it will touch the 2475.
Trade attivo
Gold prices drifted lower on Tuesday, while investors awaited a slew of U.S. economic data to gauge the size of the Federal Reserve’s expected interest rate cut this month.
Chart PatternsHarmonic PatternsTrend Analysis

about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%

with best learning

Be Stronger With us
THANKS for your support
Anche su:

Declinazione di responsabilità