Gold Spot / U.S. Dollar
Updated

GOLD NEXT MOVE (mild correction, trend continuation)(11-06-2024)

2254
Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (11-06-2024)
Current price- 2316
"if Price stay below 2338, then next target is 2303 and 2286 and above that 2350.

-POSSIBILITY-1
Wait (as geopolitical situation are worsening )

-POSSIBILITY-2
Wait (as geopolitical situation are worsening)



Best of luck
Never risk 2% of principal to follow any position.
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The perfect selling area is 2327-2332.
So wait for the price to reach this zone for perfect selling
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As suggested in the chart,
gold sell triggered @2340 area,
GOLD SELL is running +200 pips profit
snapshot
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GOLD SELL is running +310 pips in profit
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those who are holding their sell positions, they can hold their sell positions
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GOLD SELL is running +450 pips in profit
Note
NOW,
THE BEST SELLING AREA LOCATED AT 2327-2332 FOR THE TARGET 2270 SL 2343
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GOLD SELL IS RUNNING +450 PIPS PROFIT
snapshot

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