GOLD NEXT MOVE (bulls entered again) (05-09-2024)

5 thg 9

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (05-09-2024)
Current price- 2516

"if Price stays below 2532, then next target is 2506 and 2495 and above that 2542".

buying area= 2501-2504 (buying opportunity)
resistance area= 2522-2526 (selling opportunity)

-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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5 thg 9

Giao dịch đang hoạt động

price tap the suggested selling area and fell down
now the sell is running +90 PIPS in profit, you can close half lot and move SL to entry-level

5 thg 9

Giao dịch đang hoạt động

gold sell is running +200 pips in profit

6 thg 9

Giao dịch đang hoạt động

As suggested in the chart
Price hit the support zone 2501-2504.
Now, the buy position is running +180 PIPS IN PROFIT (2504-2522)

6 thg 9

Giao dịch đang hoạt động

Quick update-
Decent resistance @2528-2530
Decent support @5200-2504

Advice-
if price approaches towards the 2528-2530 area, this area will work as a hurdle for the Bulls. then this area work as a short term signals.
if price approaches towards 2502-2505, this are may act as decent support and bulls may again ride towards all all time high.