Gold Intraday Outlook (9/22):
(Each day’s outlook is only for my personal chart analysis notes and is not a basis for following trades. Trading involves risks—please consider risk first!)
Yesterday I mentioned that the 4378 area has fairly heavy resistance, but it has already been tested twice.
If price breaks above it and continues upward, the probability of pushing toward 4400 is relatively high.
Today’s intraday outlook remains anchored at 4320, with the view that price will break above 4400.
The 40–50 range of the pre-dawn consolidation is the currently most effective support area. $XAU
(Each day’s outlook is only for my personal chart analysis notes and is not a basis for following trades. Trading involves risks—please consider risk first!)
Yesterday I mentioned that the 4378 area has fairly heavy resistance, but it has already been tested twice.
If price breaks above it and continues upward, the probability of pushing toward 4400 is relatively high.
Today’s intraday outlook remains anchored at 4320, with the view that price will break above 4400.
The 40–50 range of the pre-dawn consolidation is the currently most effective support area. $XAU