Daily Gold analysis
Hello traders,
Hope you all had a great weekend! As we start the week, I wanted to quickly update you on my analysis. The predicted reversal played out exactly as expected, with price reacting to the key zones and confirming the move. Now, for the 9th of September the key zones are :
-2515-2517
-2506-2509
-2494-2497
-2486-2489
-2475-2577
Keep in mind that the zone 2494-2497 is only valid after Asia session. From my perspective, potential buys should be from the zones 2494 and bellow. For selling it should be a rebound from the zone 2506-2509 or from the zone 2515-2517 or breaking 2494 post Asia session. Some possible postions are 2526 and 2539 from the top. From the bottom we could possibly have 2467 and 2455.
Wishing you all a great week ahead! Stay posted for updates.
Hope you all had a great weekend! As we start the week, I wanted to quickly update you on my analysis. The predicted reversal played out exactly as expected, with price reacting to the key zones and confirming the move. Now, for the 9th of September the key zones are :
-2515-2517
-2506-2509
-2494-2497
-2486-2489
-2475-2577
Keep in mind that the zone 2494-2497 is only valid after Asia session. From my perspective, potential buys should be from the zones 2494 and bellow. For selling it should be a rebound from the zone 2506-2509 or from the zone 2515-2517 or breaking 2494 post Asia session. Some possible postions are 2526 and 2539 from the top. From the bottom we could possibly have 2467 and 2455.
Wishing you all a great week ahead! Stay posted for updates.
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