GOLD NEXT MOVE (wait for the entry) (23-08-2024)

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

Anup 'BIAS for the day (23-08-2024)
Current price- 2502
"if Price stays below 2518, then next target is 2492 and 2480 and above that 2530.

-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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Trade active
gold almost hit the buying zone (i.e. support cluster 2490-2495)
now buy position is running +240 pips in profit (2494-2518)
snapshot
Trade active
now buy position is running +310 pips in profit (2494-2525)
snapshot
Trade active
now buy position is running +330 pips in profit (2494-2527)
Trade active
we have already booked great profit using the analysis.
now wait for further update
Trade active
plz go through weekly analysis issued for this week. we will continue to update weekly analysis for gold potential support resistance and its upcoming move.
Trade active
we have updated weekly analysis and identified a buying area 2490-2494.
price hit the perfect buying zone and now it is running +260 pips in profit.
again, it is recommended to go through the weekly analysis on daily interval.
Trade closed: target reached
we have already book the big profit using this set-up.
now the trade is closed.
new update will be done in weekly analysis.
so keep checking our weekly analysis published for this week.
Chart Patterns

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Not financial advice.
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