Daily Technical Report 5-9-2024

Technical Analysis

By Shady Fouad On Sep 5, 2024

GOLD

Gold is trading around the resistance zone of 2505$, and a break above this level could target the 2530$ zone. However, it is likely that prices will move sideways between the aforementioned resistance zone and the support zone around 2475$.

Support	2485	2475	2452.25
Resistance	2505	2530	2560

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Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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