Elliott Waves Analysis
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Gold sell now
@ 2505.00 - 2509.00
SL : 2514.00
TP1 : 2503.00
TP2 : 2501.00
Attention Traders! US Session πΊπΈ
Tonight's Key Events:
NY Fed 1-Year Consumer Inflation Expectations (Aug)
To reach your ultimate goal, having the right mindset, a solid strategy, and effective guidance is essential.
Attention Traders! US Session πΊπΈ
Tonight's Key Events:
NY Fed 1-Year Consumer Inflation Expectations (Aug)
To reach your ultimate goal, having the right mindset, a solid strategy, and effective guidance is essential.
Message
Gold sell now
@ 2497.50 - 2501.50
SL : 2505.50
TP1 : 2595.50
TP2 : 2593.50
GOLD (XAUUSD) ANALYSIS UPDATE
09/09/24 |MONDAY
I forecast that gold will reach the H4 resistance at @ 2497.00, where we can consider entering a sell position, aiming for the H1 support level.
We need to wait for the price to reach the zone and confirm an entry. If gold breaks out of this H4 resistance zone, we can look for a buying opportunity and then wait to sell at the next higher H4 resistance zone.
Key zones to watch:
Sell zone @ 2497.00 - 2499.50
Buy zone @ 2490.00 - 2487.00
Wait for a clear breakout or rejection before entering a position. Focus on price action within these zones for trade decisions.
