GOLD NEXT MOVE (Correction continued) (24-07-2024)

24 Tem

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (24-07-2024)
Current price- 2412
"if Price stay above 2402, then next target is 2422 and 2436 and below that 2390 .

-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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24 Tem

İşlem aktif

As suggested in the Chart,
the Price hit our Buying zone (i.e. 2409-2411) and bounced off to 2418.
Our buy position triggered @2410
and now it is running +80 PIPS in our favor.
1H AND 4H chart frame is suggesting price may attempt to 2442 before any further bearish move.
Caution- Today High impact news have to be published, which may change the trend and create high volatility.
So be careful while opening any position.
still 2408-2410 will act as bouncing area if price spiked down during the news

24 Tem

İşlem aktif

AS SUGGESTEED,
IF PRICE REMAINS ABOVE 2410 THEN IT MAY ATTEMPT TO 2442 and it is on the way to it.
BUY POSITION IS RUNNING +220 PIPS PROFIT

25 Tem

İşlem kapandı: hedefe ulaştı

As I mentioned above,
Gold made good effort to reach 2442 area, but before this area we were having supply zone @2432 area. and finally Gold failed to break this supply area.
Hence, Our Buy position moved well +220 PIPS (2400-2432)