GOLD ! 9/30 ! down adjustment

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XAU / USD trend forecast September 30, 2024

Israel escalated its conflict with Iran’s allies, the Houthis in Yemen and Hezbollah in Lebanon, launching airstrikes on Sunday and raising fears of a wider Middle East war. The Israeli Defense Forces reported targeting several locations, including power plants and a seaport in Yemen. In Lebanon, Israeli strikes killed Nabil Kaouk, the deputy head of Hezbollah's Central Council, marking the seventh Hezbollah leader killed in just over a week.

Based on M30, price adjustment h1 frame, XAU down

/// SELL XAU : zone 2664-2667

SL: 2672

TP: 50 - 150 - 300 pips (2637)



Safe and profitable trading
İşlem aktif
Gold price reacts to 2660 zone - bears are overwhelming. Gold price returns to 2655
İşlem aktif
Decreasing trend back to the area below 2650 in the second European session
İşlem aktif
Gold price dropped sharply around the 2630-2640 area. The selling side is overwhelming
İşlem aktif
Gold price dropped sharply - quick adjustment. The market simultaneously sold off and took profits
İşlem aktif
The price started to stabilize sideways around the 2630-2640 area
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