Gold Spot / U.S. Dollar
Long
Updated

Gold 1H Intra-Day Chart 29.09.2024

132
Gold price action was very choppy last week, but towards the end of the week finally dropped how we wanted it to. This here is what I am looking at tomorrow;

Option 1: Gold drops lower towards $2,640 - $2,630 for a deeper grab of liquidity.
Option 2: We've seen price create a 3 sub-wave correction now, so the next move is towards a new ATH. $2,700 incoming!
Trade closed: target reached
Our $2,640 sell target has been smashed and closed out at £8,800 profit!

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