XAUUSD 30 MIN CHART - 28/08/2024 EST (BEARISH SCENARIO)

If price gets around 2515, I will hedge for bearish scenario

Strong push downside with a small pull back + touched 2503 = Bearish trend is more likely

It looks like price wants to revisit 2500 first

September is usually a bearish month for gold

Let's wait and see

*Not financial advice
**Always use proper risk management
***Never enter a position without waiting for confirmation on the lower time frame first
(5m, 3m, 1m)
Note
TP reached at 2503.6
Trend Analysis

Disclaimer