XAU/USD: Upward Trend Expected in Q4 2024!

Zaktualizowano
🔔🔔🔔 NOTE: XAU/USD Overview for September 2024

🔥 Key Points:
✅ Resistance tested 7 times: 2528-2531
✅ Support tested 3 times: 2472-2470

A critical price zone awaits at the end of 2024, which could define the future trend for gold.

🔥 7 resistance tests suggest buyers hold the majority, but the level hasn't been broken. FrankFx believes this is due to large funds and country coordination adjusting prices to reach an all-time high (ATH) at a more favorable time (e.g., September rate cuts, November U.S. presidential election).

🔥 H4 technical frame supports a strong uptrend.

🦋 The combination of technicals, economic, and political factors will shape the trend and timing.

----------

New ATH targets: 2560 - 2590 - 2650

----------

⭐️ NOTE:
FrankFx advises traders to manage their capital well:
- Trade lot sizes appropriate for your capital.
- Take profit: 4-6% of your account.
- Stop loss: 2-3% of your account.
- The true winners are those who stay in the market the longest.
Zlecenie aktywne
Gold prices are rising—anticipate major FOMO ahead of next week's FOMC meeting. Positive outlook for gold.
Chart PatternsHarmonic PatternsTrend Analysis

✅JOIN FREE SIGNAL TELEGRAM t.me/frankfxforextrade
✅FREE ANALYSIS frankfxx.com/get

✅ICMARKETS frankfxx.com/icmarkets
✅ EXNESS frankfxx.com/exness
✅ DERIV frankfxx.com/deriv

🌍Website:frankfxx.com
Również na:

Powiązane publikacje

Wyłączenie odpowiedzialności