Gold for the week starting 9th September 2024
Gold is on the downward trend in 1,2,3,4 hr time frame, but on uptrend in day time frame.
Seems to be in consolidation mode between 2460 & 2530. Break on either side will give 100 points.
Buy if one hour candle closes ABOVE 2511 for a target of 2522 to 2525
Sell around 2500 to 2505 for a target of 2465 to 2460.
Disclaimer: This is my own view and is only for educational purpose. please do your analysis before taking any position.
Seems to be in consolidation mode between 2460 & 2530. Break on either side will give 100 points.
Buy if one hour candle closes ABOVE 2511 for a target of 2522 to 2525
Sell around 2500 to 2505 for a target of 2465 to 2460.
Disclaimer: This is my own view and is only for educational purpose. please do your analysis before taking any position.
Aviso legal
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