Elliott Waves Analysis
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Gold sell now
@ 2500.65 - 2504.65
SL : 2508.65
TP1 : 2498.65
TP2 : 2496.65
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In terms of today's movement, gold is still searching for direction ahead of this week's employment data.
The outlook for the data remains unclear, considering the PCE report last week showed it remained at 0.3%.
US Session has opened, but the price and movement tend to be slow due to low liquidity because of the US Bank Holiday for Labor Day on September 2nd.
Gold sell now
@ 2505.50 - 2509.50
SL : 2513.50
TP1 : 2503.50
TP2 : 2501.50
Gold buy now
@ 2498.65 - 2494.65
SL : 2490.65
TP1 : 2500.65
TP2 : 2502.65
