#XAUUSD/H4 Gold cools down, risks and opportunities.
Market analysis for XAUUSD gold trading on November 4, 2024:
At the end of last week's trading session, the gold price closed at 2735. This confirms the price adjustment trend of gold. It is likely that this adjustment will not be as deep as the previous one.
Today's trading trend: SELL.
Key price levels to pay attention to:
SELL zone: 2750 - 2755, 2765 - 2770, and 2780 - 2785.
BUY zone: 2725 - 2730, 2715 - 2720, and 2702 - 2707.
Recommended orders:
Plan 1: SELL XAUUSD zone 2755 - 2757
SL 2760
TP 2752 - 2745 - 2730 - 2720.
Plan 2: SELL XAUUSD zone 2765 - 2767
SL 2770
TP 2762 - 2755 - 2740 - 2720.
Plan 3: BUY XAUUSD zone 2717 - 2719
SL 2714
TP 2722 - 2730 - 2740 - 2750.
At the end of last week's trading session, the gold price closed at 2735. This confirms the price adjustment trend of gold. It is likely that this adjustment will not be as deep as the previous one.
Today's trading trend: SELL.
Key price levels to pay attention to:
SELL zone: 2750 - 2755, 2765 - 2770, and 2780 - 2785.
BUY zone: 2725 - 2730, 2715 - 2720, and 2702 - 2707.
Recommended orders:
Plan 1: SELL XAUUSD zone 2755 - 2757
SL 2760
TP 2752 - 2745 - 2730 - 2720.
Plan 2: SELL XAUUSD zone 2765 - 2767
SL 2770
TP 2762 - 2755 - 2740 - 2720.
Plan 3: BUY XAUUSD zone 2717 - 2719
SL 2714
TP 2722 - 2730 - 2740 - 2750.
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