Gold Spot / U.S. Dollar
Updated

Gold next move (weekly forecast)(17th Mar - 21st Mar-2025)

4 673
Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the week (17th Mar - 21st Mar-2025)

Current price- 2984

immediate support= 2978-80
immediate resistance= 2993-95

we will wait for the price to break either support or resistance,
However, this week we are expecting retrenchment.

1st scenario
if price breaks support first, then the BIAS will be considered as follows

"if Price stays below 2993-95, then next target is 2970, 2960, 2950 and 2935 and above that 3010"

2nd scenario
if price breaks BIAS level 2993-2995, then the next target will be 3004, 3010, 3015.




Best of luck
Never risk more than 1% of principal to follow any position.
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Trade active
As, suggested market first break the resistance level,
2nd scenario came in to picture
and Hence, all BIAS TARGET 3004,3010,3015 done
Now the buy is running +400 PIPS PROFIT (2995-3035)
snapshot

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