Current Gold Movement Analysis

2024年8月29日

Gold structure in the Asian session on August 29.
After bouncing from the support zone of 2495 as analyzed yesterday. Gold was strongly pushed back above yesterday's resistance zone of 2511. The 2511 zone unexpectedly became an important support zone of today's session and then the resistance level of 2518 became a trading price range for gold in the Asian session to the European session. With the strong pulling force here, it can be seen that gold is ready to create a new ATH today if gold does not have the pulling force to the 2485 area.

Pay attention to trading in the 2818-2511 zone in the Asian session

2024年8月29日

註釋

Price zone 18 has reacted to zone 13. Congratulations to everyone who followed the analysis.

2024年8月30日

註釋

SELL zone 2527-2525 + 100 pips. Congratulations guys.