Gold next move (weekly forecast)(16-20 Sept-2024)

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Go through the analysis carefully, and do trade accordingly.

Immediate resistance- 2585-2587
Immediate support- 2570-73
decent support- 2559-2562
strong support area- 2530-35
Potential resistance- 2595-2597

Anup 'BIAS for the week (16-20 Sept-2024)
Current price- 2579

"if Price stays below 2600, then next target is 2564, 2552 and 2540 and above that 2605, 2618"

Advice-
For Buying
Best buying area= 2535-2540
For selling
Best selling area= 2595-2600


-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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تم فتح الصفقة

Best selling area= 2595-2600
(100 PIPS)
Don't forget to avail this opportunity

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تم فتح الصفقة

price hit the circled area i.e.2590 and started falling
sell is running +140 PIPS IN PROFIT (2590-2576)

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تم فتح الصفقة

Price again hit the circled area and fell down
sell was running +120 PROFIT (2589-2577)

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what a beautiful rejection,
it is running +160 pips in profit

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تم فتح الصفقة

1st BIAS target 250 PIPS profit hit

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تم فتح الصفقة

Immediate support- 2562-65
Decent support- 2550-55
Demand area- 2550-55
Advice-
wait for the 2550-55 area for buying

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تم فتح الصفقة

GOLD SELL IS RUNNING +550 PIPS IN PROFIT

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تم فتح الصفقة

Second move started,
gold buy is running +450 pips in profit

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تم فتح الصفقة

Gold buy is running +750 PIPS IN PROFIT