Gold is heading to 2340 zone(8/5/2024)
in our last analysis, we predicted the gold move correctly, the price overlapped the 2450$ and moved back quickly even though the weak NFP data couldn't make significant changes.
after the NFP data, the market made a bearish candle and for now is aiming for lower prices.
For now, we are expecting the price to move in the C wave. In this case, the final wave will be around the 2340 area.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
after the NFP data, the market made a bearish candle and for now is aiming for lower prices.
For now, we are expecting the price to move in the C wave. In this case, the final wave will be around the 2340 area.
If you like it, then Support us by liking, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
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