Gold technical analysis on 07/10/24- Current price 2365
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Expectation: 2356 -2346- At the end of yesterday's trading session, gold went in line with the assessment when gold had a downward trend from 2371 to 2348, matching my 1st expectation after the end of the FED meeting, gold went up. 2364- With gold closing the candle at 2364, it shows that gold is showing signs of accumulating sideways around the price range of 2350-2380. Maybe today gold will also accumulate and move sideways waiting for the announcement of economic news on Thursday CPI and news on Friday. PPI news is important news - According to my personal opinion, today's gold sell is the main trend in the Asian and European sessions around 2374-2379 - Scenario on 07/10/24
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Sell around price 2374-2379 Sl:2386 (Asian and European sessions)
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Sell around price 2413-2418 SL:2423 (US session)
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Buy around price 2348-2353 SL:2343 (Asian and European Sessions)
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Buy around price 2320-2325 SL:2316 (US session)
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