Yesterday's trading session saw gold prices continue fluctuating within the sideways range of 2640 - 2665. At 19:30 today, several important news events will be released, which could potentially break this sideways range. For today's session, we have two trading plans:
Scenario 1: Gold drops to the 2630 zone first, then bounces back to the 268x region. Scenario 2: Gold rises to the 267x area and then falls back to the 263x zone, followed by a long-term upward trend.
Today's trading outlook: SELL scalp (wait for BUY hold).
Key price zones to watch:
SELL zones: 2670 - 2675 and 2680 - 2685. BUY zones: 2625 - 2630, 2610 - 2615, and 2600 - 2605. Wishing everyone a successful and smooth trading day!
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