GOLD NEXT MOVE (MARKET IS TOO RISKY)(05-08-2024)

5 thg 8

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (05-08-2024)
Current price- 2388
"if Price stays above 2362, then next target is 2398 and 2420 and below that 2348.

-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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6 thg 8

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gold buy is running +310 PIPS IN PROFIT (2387-2418)

6 thg 8

Ghi chú

until the price is above 2380,
we will consider the trend as a Bullish trend,
the main hurdle is to cross 2420 area, once the prices crosses this area 2417-2420 area,
then we will see bulls attempting to break all time high.
thank you

7 thg 8

Ghi chú

IMMEDIATE RESISTANCE NOW 2398-2401
IMMEDIATE SUPOPRT NOW 2386-2388

WATCH CAREFULLY FOR THE BREAK-OUT AND PLAN YOUR TRADE ACCORDINGLY

8 thg 8

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gold buy is running +410 PIPS IN PROFIT (2387-2428)

11 thg 8

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gold buy is running +500 PIPS IN PROFIT (2387-2437)

12 thg 8

Ghi chú

IMMEDIATE SUPPORT- 2422-2425
IMMEIDATE RESISTANCE- 2437-2438.

BREAK-OUT OF SUPPORT, IF, FIRST.
THEN TARGET WILL BE 2408-2410
BREA-OUT OF RESISTANCE, IF FIRST
THEN TARGET WILL BE 2445-2450

12 thg 8

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gold buy is running +500 PIPS IN PROFIT (2387-2446)

13 thg 8

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gold buy is running +900 PIPS IN PROFIT (2387-2476)

13 thg 8

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we only booked 50% profit here, we are still holding our 50% trade and waiting for the price to hit 2485