Gold Needs Correction==>>Short-term

Aug 9, 2024

Gold is moving near the Heavy Resistance zone($2,484-$2,431), Resistance line, and Potential Reversal Zone(PRZ).

I expect Gold to go down to at least Monthly Pivot Point.

Gold Analyze ( XAUUSD ), 1-hour time frame ⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.

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Aug 9, 2024

Note

A short position in PRZ and near the resistance line can be reasonable.

Aug 9, 2024

Trade active

My position was activated.