GOLD MAY FALL IN SEPTEMBER
已更新
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
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
交易結束：目標達成
as we mentioned, the price touched the support of 2491, so a break under it will touch the 2475.交易進行
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.
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~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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