Gold Spot / U.S. Dollar
Updated

GOLD NEXT MOVE (waiting for NFP release) (06-09-2024)

6457
Go through the analysis carefully and do trade accordingly.

Anup 'BIAS for the day (06-09-2024)
Current price- 2513

"if Price stays above 2498, then next target is 2523 and 2533 and below that 2490".

buying area= 2501-2504 (buying opportunity)
resistance area= 2532-2534 (selling opportunity)

-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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Trade active
As suggested in the chart,
price hit the buying area near 2508
and position went +200 pips in profit
snapshot
Trade active
As suggested in the chart,
again buying area hit
Buy position is running +160 pips in profit
snapshot

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