Gold price analysis on September 8

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✍️ Gold Analysis

Gold price is currently reacting around the 3600 round mark. The main strategy is still to wait for corrections to the support zone to find BUY opportunities. Up to now, there is no signal from the daily candle showing that the selling force wants to take profits strongly, so the priority trend is still to buy when the price holds above important levels. In particular, breaking the support of 3514 will be a signal to further strengthen the uptrend.

📌 Important price zones

BUY: when the price reacts at the support zone of 3575–3560.

Upward target: 3600 in the immediate future, 3650 further.

SELL: when the price breaks the trendline and support of 3360.

Downward target: 3514.

Feragatname

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