XAUUSD ANALYSIS 27-8-24 #SEMS #BULLIONGOLD
🚨 XAUUSD (Spot Gold) 🔖 27-8-2024 🚨
Sell at: $2539-$2458-$2579-$2600
Buy at: $2478-$2451-$2432-$2411
CMP - $2508.42 (as of writing) 📈
⚠️Warning: Do not risk more than 5% of your capital. Trading in gold and other financial markets involves significant risk and may result in substantial losses.
🚨📝Data scheduled to be published at 18:00 hrs -19:30 hrs🔖
11 min-S&P/CS HPI Composite - 20 n.s.a. (MoM) (Jun)
11 min-S&P/CS HPI Composite - 20 n.s.a. (YoY) (Jun)
19:30-CB Consumer Confidence (Aug)
Trading Strategy: Given the current market dynamics, we suggest the following:
🟢For Potential Rebound:
• Buy Entry Target Range: $2530 (TP1)- $2545 (TP2)-$2560 (TP3)
🔴For Potential Downtrend:
• Sell Entry Target Range: $2475 (TP1)- $2460 (TP2)- $2445 (TP3)
🔴Technical Status: XAUUSD: 📌
D1 SMA100-P (2357.38) Buy🔺
H4 SMA100-P (2419.00) Buy🔺
H1 SMA100-P (2460.15) Buy🔺
H4 SMA200-P (2420.14) Buy🔺
Sell at: $2539-$2458-$2579-$2600
Buy at: $2478-$2451-$2432-$2411
CMP - $2508.42 (as of writing) 📈
⚠️Warning: Do not risk more than 5% of your capital. Trading in gold and other financial markets involves significant risk and may result in substantial losses.
🚨📝Data scheduled to be published at 18:00 hrs -19:30 hrs🔖
11 min-S&P/CS HPI Composite - 20 n.s.a. (MoM) (Jun)
11 min-S&P/CS HPI Composite - 20 n.s.a. (YoY) (Jun)
19:30-CB Consumer Confidence (Aug)
Trading Strategy: Given the current market dynamics, we suggest the following:
🟢For Potential Rebound:
• Buy Entry Target Range: $2530 (TP1)- $2545 (TP2)-$2560 (TP3)
🔴For Potential Downtrend:
• Sell Entry Target Range: $2475 (TP1)- $2460 (TP2)- $2445 (TP3)
🔴Technical Status: XAUUSD: 📌
D1 SMA100-P (2357.38) Buy🔺
H4 SMA100-P (2419.00) Buy🔺
H1 SMA100-P (2460.15) Buy🔺
H4 SMA200-P (2420.14) Buy🔺
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.
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.