The Asian session unfolded as we anticipated. Prices corrected to the 2400-2403 region and continued to decline towards 2388. The European session may see a slight recovery and deeper decline, with expectations around 2370-2373. The current trend in the Asian-European session remains sell, with the possibility of buying on a bounce at 2370-2373. Recommended...
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 ...
Gold in the U.S. session today may experience a strong bounce after touching the area of 2410-2412 and returning to the area of 2400. Currently, consolidation has completed in the range of 2390-2400. Hopefully, there will be a strong bounce back to the 243x area.
GOLD trend on 23/07/2024: Continuing recovery after reaching current highest peak. Today's trading trend remains SELL, key areas to watch are 2414 - 2418 and 2408-2410. We are still waiting for long-term BUY zone in the 235x area even 233x. Any updates will be provided soon.
XAUUSD analysis for the Europe - US session on July 22, 2024: The Asian session has reached the resistance zone at 2410-2412 as anticipated, and there's a possibility of a renewed uptrend in the Europe - US session from the previous support zone at 2390-2392. Gold is still adjusting within an upward trend. This is an opportunity for investors to have the best...