Elliott Waves Analysis
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GOLD (XAUUSD) ANALYSIS UPDATE
Date: 24/09/24 | Tuesday
Gold is consolidating within a sideways range on the M30 timeframe. We must be patient and wait for a clear breakout from this consolidation for the next directional move.
If Gold continues to respect the current H4 resistance zone, there’s a potential for a downward move.
if Gold breaks out of this M30 sideways range and begins a bullish movement, we can target the higher H1 resistance zone at @ 2636.75 for a potential sell.
Alternatively, if Gold respects the H4 resistance and turns bearish, we can look for buying opportunities at the H1 support level of @ 2626.50.
Key Zones to Watch:
Sell zone: @ 2627.95 - @ 2629.00
Buy zone: @ 2626.50 -@ 2625.50
At this stage, it’s crucial to react to Gold’s movement as it unfolds and maintain discipline in following key levels.
Message
Gbpjpy sell now
@ 192.810 - 193.155
SL : 193.575
TP1 : 192.590
TP2 : 192.390
Gold buy now
@ 2628.15 - 2624.15
SL : 2620.15
TP1 : 2630.15
TP2 : 2632.15
Happy Tuesday, Traders! 💥
Invest in your goals today. The effort you put in now will lead to the rewards you seek. Great things are on the horizon!
Master emotional control, Sound decisions come from a calm mind. Remember, we’re in this journey together.
Are you guys ready for today?
Happy Tuesday, Traders! 💥
Invest in your goals today. The effort you put in now will lead to the rewards you seek. Great things are on the horizon!
Master emotional control, Sound decisions come from a calm mind. Remember, we’re in this journey together.
ROG WAR ROOM & 100% DEPOSIT BONUS 📱
Stay sharp! ⚠️News is on the way. Don’t miss out on the action!
Gold buy now
@ 2626.60 - 2622.60
SL : 2618.60
TP1 : 2628.60
TP2 : 2630.60
Gold current price now reach at H1 Resistance zone @ 2528.50 , But we need to wait for reaction on this zone first .
