Gold (XAUUSD)Short
Correction Gold. H4 04.11.2024
Correction Gold 📉
On gold, I expect a deep correction to the buyers' target zone of 2637-2666.
Just above the zone is the margin and also hits a strong accumulated volume
profile on the rise. Together these factors give a high probability of a price
bounce if it can reach the zone. From the current 2730 from 1/2 of the margin
a bounce is also possible, but given the importance of the current week,
the US elections on 5 November and the Fed rate on 7 November, we should
consider the possibility of a deeper correction.
GOLD
On gold, I expect a deep correction to the buyers' target zone of 2637-2666.
Just above the zone is the margin and also hits a strong accumulated volume
profile on the rise. Together these factors give a high probability of a price
bounce if it can reach the zone. From the current 2730 from 1/2 of the margin
a bounce is also possible, but given the importance of the current week,
the US elections on 5 November and the Fed rate on 7 November, we should
consider the possibility of a deeper correction.
GOLD 
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FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.