In the Asia-Europe session today, gold rose slightly after a sell-off on July 25, 2024.
The correction phase is coming to an end, and gold is preparing to continue its main upward trend. Key levels to watch are 2351-2455 and 2337-2343. This is an opportunity for long-term investors.
Recommendation:
Plan 1: BUY XAUUSD ZONE 2351-2354
SL 2348
TP 2360 - 2388 - 2400.
Plan 2: SELL XAUUSD ZONE 2399-2402
SL 2404
TP 2392 - 2380 - 2337.
The correction phase is coming to an end, and gold is preparing to continue its main upward trend. Key levels to watch are 2351-2455 and 2337-2343. This is an opportunity for long-term investors.
Recommendation:
Plan 1: BUY XAUUSD ZONE 2351-2354
SL 2348
TP 2360 - 2388 - 2400.
Plan 2: SELL XAUUSD ZONE 2399-2402
SL 2404
TP 2392 - 2380 - 2337.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.