Gold next move (selling on the cards)(10-08-2023)

تم تحديثه
Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (10th August-2023)

-POSSIBILITY-1
If price breaks 1915-1913 area (i.e. Support area ) and stay below 1913 area, we will place Sell order in gold with target of 1904,1895,1890, 1870,1850 & stop loss should be placed at 1921.

-POSSIBILITY-2
If price breaks 1932-1934 (i.e. resistance area ) and stay above 1934 area, we will place Buy order in gold with target of 1942,1950,1954,1968,1972 & stop loss should be placed at 1924.

Our trading Preference

Trading tips: (Accuracy 90%)
Gold Sell/Buy na
TPna
SLna

Best of luck
Never risk 2% of principal to follow any position.
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تم فتح الصفقة
As shown in the chart,
Buying from 1922 to 1930 target done
TOTAL PIPS COLLECTED +80 PIPS ✅✅
تم فتح الصفقة
As shown in the chart,
1930 was suggested as selling area,
Hence, a sell from 1930 to 1913 target done
TOTAL PIPS COLLECTED +170 PIPS ✅✅
تم فتح الصفقة
As shown in the chart,
We have clear target up to 1905,
So we are expecting price will drop up to 1905-1896, then it may take a retrenchment up to 1927 before further sharp falling up 1870
Trend Analysis

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Not financial advice.
Educational purposes only.