Gold weekly analysis (Bears are in upper hand) (22nd - 26th May)

٢٢ مايو ٢٠٢٣

Go through the analysis carefully, and do trade accordingly,

-POSSIBILITY-1
If price breaks 1971-1968 area (i.e. Support area ) and stay below 1968 area, we will place Sell order in gold with target of 1960,1953,1935,1920,1900 & stop loss should be placed at 1980.

-POSSIBILITY-2
If price breaks 1988-1993 (i.e. resistance area ) and stay above 1993 area, we will place Buy order in gold with target of 2000,2008, 2021, 2030,2042,2052 & stop loss should be placed at 1978. (Low possibility)

Our trading Preference

Trading tips: (Accuracy 90%)
Gold Sell/Buy no1xxxxx18

TP1no1xxxxx18
TP2no1xxxxx18
TP3no1xxxxx18
TP4no1xxxxx18

SLno1xxxxx18

Best of luck
Never risk 2% of principal to follow any position.
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٢٣ مايو ٢٠٢٣

تم فتح الصفقة

Possibility-1 occurred, as price breaks support 1971-1968 and it is stay below 1968

٢٣ مايو ٢٠٢٣

تم فتح الصفقة

Hence,
A sell activates @1968

٢٣ مايو ٢٠٢٣

تم فتح الصفقة

Target -1 accomplished +80 PIPS ✅✅ PROFIT

٢٣ مايو ٢٠٢٣

تم فتح الصفقة

Gold sell is running with +150 PIPS ✅✅✅🔥🔥🔥