Gold Analysis for Upcoming Week Monday 16.Sep.24

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Hi followers,

I hope everyone is gearing up for a profitable week ahead. Here’s my analysis for the upcoming week based on the chart above:

Gold has been trending upwards within a 15-minute channel. I anticipate that the price may test the bottom of this channel, which is around 2572-2575. Following this, I expect a potential increase to reach last week's high of 2586. Afterward, a retracement to approximately 2545 seems likely.

Stay tuned for updates, and best of luck with your trades!

Penafian

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