Gold Futures analysis 2024/09/09

9 thg 9

GC1!
Notice: The points are only valid from 2024/09/09 to 2024/09/20

What we have now?
1. Current price: 2530

2.The key support and resistances level:

• 2570
  
• 2535
  
• 2485
  
• 2420
  
• 2310
  

Future Price movement

1. 60% chance: The momentum today is still pretty strong, and I’m expecting a of another push towards the resistance level at 2570.
   
2. 40% chance: Moving back to 2500, and start moving back from 2500 to 2485
   

Trade safe!

13 thg 9

Ghi chú

The price support level at 2570 has held strong, and we've successfully stayed above it. So, we're now aiming for a new historical high, pushing towards 2600, and possibly even the key 2700 level.