Gold Spot / U.S. DollarUpdated GOLD NEXT MOVE (bulls entered again) (05-09-2024)
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (05-09-2024)
Current price- 2516
"if Price stays below 2532, then next target is 2506 and 2495 and above that 2542".
buying area= 2501-2504 (buying opportunity)
resistance area= 2522-2526 (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.
Support us by liking and sharing the post.
Anup 'BIAS for the day (05-09-2024)
Current price- 2516
"if Price stays below 2532, then next target is 2506 and 2495 and above that 2542".
buying area= 2501-2504 (buying opportunity)
resistance area= 2522-2526 (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.
Support us by liking and sharing the post.
Trade active
price tap the suggested selling area and fell down
now the sell is running +90 PIPS in profit, you can close half lot and move SL to entry-level
Trade active
gold sell is running +200 pips in profit
Trade active
As suggested in the chart
Price hit the support zone 2501-2504.
Now, the buy position is running +180 PIPS IN PROFIT (2504-2522)
Trade active
Quick update-
Decent resistance @2528-2530
Decent support @5200-2504
Advice-
if price approaches towards the 2528-2530 area, this area will work as a hurdle for the Bulls. then this area work as a short term signals.
if price approaches towards 2502-2505, this are may act as decent support and bulls may again ride towards all all time high.
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t.me/tradewithAnupZiddi
🟢CONTACT FOR LEARNING:
t.me/AnupZiddi
🟡 DISCLAIMER:
Not financial advice.
Educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔵 FREE TELEGRAM CHANNEL:
t.me/tradewithAnupZiddi
🟢CONTACT FOR LEARNING:
t.me/AnupZiddi
🟡 DISCLAIMER:
Not financial advice.
Educational purposes only.
t.me/tradewithAnupZiddi
🟢CONTACT FOR LEARNING:
t.me/AnupZiddi
🟡 DISCLAIMER:
Not financial advice.
Educational purposes only.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.