As noted on September 11, 2024, gold prices have yet to break the resistance level of 2527 - 2531, and prices continue to move sideways within the H4 timeframe. Currently, this sideways range is quite broad: 2483 - 2531. However, the D and W timeframes indicate that this is a bullish accumulation phase. Today's trading trend: SELL.
Key price levels to watch: SELL zone: 2519 - 2524 and 2527 - 2531. BUY zone: 2508 - 2511, 2500 - 2505, and 2490 - 2495.
Recommended orders:
Plan 1: SELL XAUUSD zone 2519 - 2521 SL 2524 TP 2516 - 2510 - 2500 - 2495.
Plan 2: SELL XAUUSD zone 2527 - 2529 SL 2532 TP 2524 - 2515 - 2505 - 2495.
Plan 3: BUY XAUUSD zone 2493 - 2495 SL 2490 TP 2500 - 2510 - 2520 - 2525.