Gold next move (weekly forecast)(02-06 Sep-2024)
Go through the analysis carefully, and do trade accordingly.
Immediate resistance- 2520-2525
Immediate support- 2499-2504
last cluster of support area- 2490-94
Potential resistance- 2545-2550
Swing range -2460-2465
if price breaks the last cluster of support i.e. 2490-2494, then price may approach to the swing area 2460-2465.
if price breaks the immediate resistance than, then price may break the All Time High and approach to potential resistance i.e. 2545-2550
Anup 'BIAS for the week (02-06 Sep-2024)
Current price- 2503
"if Price stays above 2490-2493, then next target is 2522, 2532 and 2545 and below that 2465-2470."
Advise-
if price reject from the 2520-2525 area and approach to 2500-2505 area, that will be the good zone for buying.
-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.
Support us by liking and sharing the post.
Immediate resistance- 2520-2525
Immediate support- 2499-2504
last cluster of support area- 2490-94
Potential resistance- 2545-2550
Swing range -2460-2465
if price breaks the last cluster of support i.e. 2490-2494, then price may approach to the swing area 2460-2465.
if price breaks the immediate resistance than, then price may break the All Time High and approach to potential resistance i.e. 2545-2550
Anup 'BIAS for the week (02-06 Sep-2024)
Current price- 2503
"if Price stays above 2490-2493, then next target is 2522, 2532 and 2545 and below that 2465-2470."
Advise-
if price reject from the 2520-2525 area and approach to 2500-2505 area, that will be the good zone for buying.
-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.
Support us by liking and sharing the post.
Note
XAUUSD on Buying Zone ❤️Note
Perfectly Buying Zone Hit then Hit the Target Zone 
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