Gold Price Today: Analysis and Strategy.
The trading session on October 8th, 2024, witnessed a sharp correction in gold prices. As predicted in the previous analysis, there’s a high likelihood that today's session will mark the bottom of this correction. At this point, we will wait for a good entry point to hold a long-term position.
Today's Trading Outlook:
Primary Trend: Focus on SELL scalp (while considering BUY for long-term holds).
Key Price Levels to Watch:
SELL Zones: 2630 - 2635 and 2647 - 2652.
BUY Zones: 2607 - 2612, 2595 - 2600, and 2580 - 2585.
Wishing everyone successful and smooth trades!
Today's Trading Outlook:
Primary Trend: Focus on SELL scalp (while considering BUY for long-term holds).
Key Price Levels to Watch:
SELL Zones: 2630 - 2635 and 2647 - 2652.
BUY Zones: 2607 - 2612, 2595 - 2600, and 2580 - 2585.
Wishing everyone successful and smooth trades!
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