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| Gold Price Today, April 8, 2024 |
The article discusses recent movements in gold the last week 1-4 April 2024 , noting a strong upward trend followed by a slight correction move. the Weekly analysis 8-12 April 2024 suggests the potential for continued price increases, with opportunities for daily trading during corrective phases. A buying opportunity is anticipated upon price retesting near the upward trendline and the 61% Fibonacci golden ratio in short-term time frames.
Article Content :
- Gold Price Today, April 8, 2024
- Weekly Gold Analysis, April 8-12, 2024
- Buying Opportunity Today 8 April in Gold
- Bonus Trade
1.Gold Price Today, April 8, 2024:
Gold prices have witnessed a strong upward movement in the past few days, reaching a historical peak at the price level of 2353. Currently, the gold price is at 2348, where we observe a slight corrective movement in today's gold prices.
2.Weekly Gold Analysis, April 8-12, 2024:
In the weekly analysis of gold from April 8 to 12, I pointed out the possibility of continued upward movement in gold prices. Therefore, any downward corrective movement in short-term time frames would present a good opportunity for daily trading in gold.
3.Buying Opportunity Today in Gold:
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| Gold Price Today, April 8, 2024 |
We are currently experiencing a corrective downward wave in gold prices. Therefore, we will wait until prices touch the upward trendline and attract liquidity, as shown in the chart near the 61% Fibonacci golden ratio. Then we will enter a buying position in gold after a retest in short-term time frames.
4.Bonus Trade :
Sell Opportunity on USDCHH With risk-reword 1-3
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| USDCHF 15min time frame |
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