Gold Spot / U.S. Dollar
Short
Updated

Gold next move (Trend deciding area)(06-06-2023)

1202
Go through the analysis carefully, and do trade accordingly,

-POSSIBILITY-1
If price breaks 1955-1950 area (i.e. Support area ) and stay below 1950 area, we will place Sell order in gold with target of 1945,1930,1922,1912,1900,1890 & stop loss should be placed at 1962.

-POSSIBILITY-2
If price breaks 1968-1971 (i.e. resistance area ) and stay above 1971 area, we will place Buy order in gold with target of 1980,1985,2000,2008, 2021, 2030,2042 & stop loss should be placed at 1960. (Low possibility)

Our trading Preference

Trading tips: (Accuracy 90%)
Gold SellBuy no1xxxxx18

TP1no1xxxxx18
TP2no1xxxxx18
TP3no1xxxxx18
TP4no1xxxxx18

SLno1xxxxx18

Best of luck
Never risk 2% of principal to follow any position.
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This analysis is valid today also
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Gold Sell 1959
TP1@1950
TP2@1945
TP3@1935

SL@1968
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Target-2 achieved ✅✅

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