Gold Spot / U.S. DollarUpdated Gold next move (weekly forecast)(27th Jan- 31st Jan-2025)
Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the week (27th Jan- 31st Jan-2025)
Current price- 2770
1st Scenario, (bullish move)
"if Price stays above 2750, then next target is 2780, 2790 and 2800 and below that 2635"
if price fulfills the 1st Scenario (means gold hit 2795-2800),
2nd Scenario, (bearish move)
"if Price stays below 2820, then next target is 2770, 2750 and 2735 and above that 2830"
UPDATE-
immediate support=2760-62
strong buying zone=2450-55
Another buying zone awaits @2730-2735
immediate resistance= 2780-82
strong selling zone= 2788-91 level
Another selling zone awaits @2800-2805
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 week (27th Jan- 31st Jan-2025)
Current price- 2770
1st Scenario, (bullish move)
"if Price stays above 2750, then next target is 2780, 2790 and 2800 and below that 2635"
if price fulfills the 1st Scenario (means gold hit 2795-2800),
2nd Scenario, (bearish move)
"if Price stays below 2820, then next target is 2770, 2750 and 2735 and above that 2830"
UPDATE-
immediate support=2760-62
strong buying zone=2450-55
Another buying zone awaits @2730-2735
immediate resistance= 2780-82
strong selling zone= 2788-91 level
Another selling zone awaits @2800-2805
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.
Note
price hit the best buying area 2750-2755 and held it
Now it is running +200 PIPS IN PROFIT (2750-2770)
Trade active
price hit the second buy level i.e. 2730-2732
NOW THE PRICE IS RUNNING +750 PIPS IN RUNNING (2730-2805)
Trade closed: target reached
Price hit the suggested selling area i.e.2809-2810 and faced pressure and then start falling
NOW THE SELL POSITION IS RUNNING + 440 PIPS IN PROFIT (2817-2773)
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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.
🔵 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.