Gold Spot / U.S. Dollar
Short
Updated

Gold next move(market is completely under the bears)(16-08-2023)

3312
Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (16th August-2023)

-POSSIBILITY-1
If price breaks 1902-1899 area (i.e. Support area ) and stay below 1899 area, we will place Sell order in gold with target of 1892,1880, 1870,1850 & stop loss should be placed at 1910.

-POSSIBILITY-2
If price breaks 1912-1915 (i.e. resistance area ) and stay above 1915 area, we will place Buy order in gold with target of 1920,1925,1930,1942 & stop loss should be placed at 1907.

Our trading Preference

Trading tips: (Accuracy 90%)
Gold Sell/Buy na
TPna
SLna

Best of luck
Never risk 2% of principal to follow any position.
Support us by liking and sharing the post.
Trade active
full target achieved +150 PIPS

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.