GOLD NEXT MOVE (MARKET IS TOO RISKY)(05-08-2024)
Updated
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.
Support us by liking and sharing the post.
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.
Support us by liking and sharing the post.
Trade active
gold buy is running +310 PIPS IN PROFIT (2387-2418)
Note
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
Note
IMMEDIATE RESISTANCE NOW 2398-2401
IMMEDIATE SUPOPRT NOW 2386-2388
WATCH CAREFULLY FOR THE BREAK-OUT AND PLAN YOUR TRADE ACCORDINGLY
Trade active
gold buy is running +410 PIPS IN PROFIT (2387-2428)Trade active
gold buy is running +500 PIPS IN PROFIT (2387-2437)
Note
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
Trade active
gold buy is running +500 PIPS IN PROFIT (2387-2446)
Trade active
gold buy is running +900 PIPS IN PROFIT (2387-2476)
Trade active
we only booked 50% profit here, we are still holding our 50% trade and waiting for the price to hit 2485
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t.me/tradewithAnupZiddi
🟢CONTACT FOR LEARNING:
t.me/AnupZiddi
🟡 DISCLAIMER:
Not financial advice.
Educational purposes only.
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