Trading Signals for GOLD for October 9-11, 2025: buy above $4,000 (21 SMA - overbought)
Trading Signals for GOLD for October 9-11, 2025: buy above $4,000 (21 SMA - overbought)
Gold is trading around 4,020, below
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Gold is trading around 4,020, below the 21 SMA and below the uptrend channel formed since early October.The H1 chart shows that gold is undergoing a technical correction, and we could expect it to reach +1/8 Murray around $3,906.If the price consolidates above 4,035, we could expect it to reach +2/8 Murray around 4,062.The H1 chart shows strong overbought conditions. So, if the price closes the gap left at the close of Wednesday's session, we could expect it to reach
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