Gold Price Analysis September 4
Gold OANDA:XAUUSD
✨ Gold analysis today ✨
In the Asian session, gold prices recorded a correction after a series of strong increases for many consecutive days. The market is moving towards important support zones, this will be a notable point to find trading opportunities.
🔹 Main trend: prioritize monitoring BUY orders at support, because the bullish force is still dominant.
🔹 With SELL orders, it is necessary to observe real-time price reactions to take advantage of short-term declines if any.
News calendar: today there is an ADP report - this could be a factor that triggers fluctuations, creating a correction for gold.
📌 Reference strategy:
BUY around the 3495 - 3458 area when there is a clear price rejection signal.
source https://www.tradingview.com/chart/XAUUSD/lWA7gEO6-Gold-Price-Analysis-September-4/
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