GOLD NEXT MOVE (Correction continued) (24-07-2024)

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Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (24-07-2024)
Current price- 2412
"if Price stay above 2402, then next target is 2422 and 2436 and below that 2390 .

-POSSIBILITY-1
Wait (as geopolitical situation are worsening )

-POSSIBILITY-2
Wait (as geopolitical situation are worsening)



Best of luck
Never risk more than 1% of principal to follow any position.
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24 thg 7

Giao dịch đang hoạt động

As suggested in the Chart,
the Price hit our Buying zone (i.e. 2409-2411) and bounced off to 2418.
Our buy position triggered @2410
and now it is running +80 PIPS in our favor.
1H AND 4H chart frame is suggesting price may attempt to 2442 before any further bearish move.
Caution- Today High impact news have to be published, which may change the trend and create high volatility.
So be careful while opening any position.
still 2408-2410 will act as bouncing area if price spiked down during the news

24 thg 7

Giao dịch đang hoạt động

AS SUGGESTEED,
IF PRICE REMAINS ABOVE 2410 THEN IT MAY ATTEMPT TO 2442 and it is on the way to it.
BUY POSITION IS RUNNING +220 PIPS PROFIT

25 thg 7

Đóng lệnh: đạt mục tiêu

As I mentioned above,
Gold made good effort to reach 2442 area, but before this area we were having supply zone @2432 area. and finally Gold failed to break this supply area.
Hence, Our Buy position moved well +220 PIPS (2400-2432)