GOLD → Will we have a rise capable of taking us to 2400?

ที่อัปเดต:
Based on current information, the most likely direction for gold appears to be bullish, especially if Fed speeches indicate a lower interest rate environment.

In a technical analysis based on PVSRA, expect the price to make a correction up to Dragon without breaking 2354.00 as breaking this level could indicate a greater correction than expected, however if the price remains above this price, supporting itself on Dragon (EMA 50) with the EMA 200 serving as support, we can have a considerable rise, the volume clearly shows interest from buyers above sellers, in addition to an upward channel, based on LTA that gives full support to a well-defined technical analysis applied.

The Elliott Wave analysis suggests support at 2355 and a possible rise if maintained, we should just monitor the economic events that will help us make an accurate decision, in the general scenario, gold is just in a correction process.

What do you think?
ปิดการเทรด: ถึงเป้าหมายการทำกำไร
As expected, the expectation of Fed rate cuts and US inflation data continued, and converged with our LTA, which was respected since yesterday, the target was reached by those who sought the price up to 2387 and placed the new order today with Buy Stop reaching the forecast target of 2400, even for those who did Long had a calm order, the Fed's speech fluctuates according to the forecast, beating 100% with the technical analysis using the PVSRA.
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