Elliott Waves Analysis
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Waves form a pattern. Any inquiries https://wa.me/48732121358
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Gold buy now
@ 2505.00 - 2501.00
SL : 2496.00
TP1 : 2507.00
TP2 : 2509.00
Gold sell now
@ 2512.60 - 2516.60
SL : 2520.60
TP1 : 2510.60
TP2 : 2508.60
Attention Traders! US Session 🇺🇸
Tonight's Key Events:
API Weekly Crude Oil Stock
Core CPI (MoM) (Aug)
Core CPI (YoY) (Aug)
CPI (MoM) (Aug)
CPI (YoY) (Aug)
As professional traders, trade wisely and act accordingly
Message
Gold buy now
@ 2521.00 - 2517.00
SL : 2513.00
TP1 : 2523.00
TP2 : 2525.00
GOLD (XAUUSD) ANALYSIS UPDATE
Date: 11/09/24 | Wednesday
Gold is currently in a resistance area with bullish momentum. With the upcoming CPI news release, we’re monitoring how the price reacts in this zone, as it could fall back or break.
If Gold respects this resistance, we can look for sell opportunities down to the nearest H4 support at @ 2506.00. On the other hand, if Gold breaks through, we will wait for a retracement to enter a buy position.
Key Zones to Watch:
Sell Zone: 2524.10 - 2526.60
Buy Zone: 2506.10 - 2503.90
Trade cautiously due to the high-impact news today.
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