GOLD NEXT MOVE (mild correction we see) (23-07-2024)

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Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (23-07-2024)
Current price- 2400
"if Price stay above 2388, then next target is 2410 and 2420 and below that 2377.

-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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Giao dịch đang hoạt động

GOLD BUY IS RUNNING +80 PIPS IN PROFIT

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Giao dịch đang hoạt động

BIAS TARGET DONE +100 PIPS IN PROFIT (2410-2400)

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Giao dịch đang hoạt động

GOLD BUY IS RUNNING +120 PIPS IN PROFIT

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Giao dịch đang hoạt động

We have already booked +120 PIPS PROFIT
Gold still looks to take a decent correction, so will again enter in the market finding evidence in small time frame

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Giao dịch đang hoạt động

We have already booked +120 PIPS PROFIT

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Giao dịch đang hoạt động

GOLD BUY IS RUNNING +200 PIPS IN PROFIT

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Ghi chú

until the gold remains above 2405, its short term bullish trend remain intact

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Giao dịch đang hoạt động

Bulls are still fighting to bears to move price upside

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Finally price bounce off after hitting demand area .
the updated chart

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Since Morning, I am telling gold is still in decent bullish momentum.
1H AND 4H time frame is still suggesting decent correction (during downtrend).
further, remembers, if the price stay above demand (2408-2410), it may attempt to go higher up to 2442.
this position is running in good profit

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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 +320 PIPS (2400-2432)