🚨 XAUUSD (Spot Gold 🔖 10-7-2024🚨
Sell at: $2396-$2410-$2424-$2448
Buy at :$2330-$2305-$2285-$2260
CMP -$2380.85 (as of writing) 💹
⚠️ Warning: Do not risk more than 5% of your capital. You might lose your money.
🚨📝Data scheduled to be published at 17:00 hrs -22:30 hrs
19:30-Fed Chair Powell Testifies
21:30-Atlanta Fed GDP Now (Q2
22:30-10-Year Note Auction
Trading Strategy: Given the current market dynamics, we suggest the following:
🟢For Potential Rebound:
• Buy Entry Target Range: $2388(TP1)- $2405(TP2)-$2420(TP3)
🔴For Potential Downtrend:
• Sell Entry Target Range: $2360(TP1)- $2350(TP2)- $2340(TP3)
🔴Technical Status: XAUUSD: 📌
D1 SMA100-P (2320.38) Buy 🔺
H4 SMA100-P (2399.85) Sell 🔻
H1 SMA100-P (2405.89) Sell🔻
H4 SMA200-P (2418.14) Sell🔻
RSI(14): Status: Overbought
STOCHRSI(14): Status: High Volatility
ROC: Status: Neutral
William%R: Status:Sell
ATR(14): Status: Sell
SOC: Status: Sell