Gold next move (weekly forecast)(30 Sept-4th Oct-2024)

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Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the week (30 Sept- 4th Oct-2024)
Current price- 2659

"if Price stays below 2672, then next target is 2650, 2640 and 2625 and above that 2700"

-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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Trade attivo
gold hit the selling zone (2665-2672)
OUR FIRST BIAS TARGET HIT +150 PIPS PROFIT (2665-2650)
istantanea
Trade attivo
price again hit the resistance zone 2460-2461 and rejected. (we got 50 PIPS).
still we are searching evidences for selling until the resistance zone is intact.
Trade attivo
GOLD SELL IS RUNNING +260 PIPS PROFIT (2665-2639)
istantanea
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GOLD SELL IS RUNNING +360 PIPS PROFIT (2665-2629)
istantanea
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price hit the bullish OB @2628-2629 and bounced to 2642
this bullish OB gave us +140 pips bounce,
this is bonus profit for us along with BIAS target
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selling move complete hit target +400 PIPS (2665-2625)
Now second move started as shown in the chart,
this buy position is running +150 PIPS in profit (2625-2640)
istantanea
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as mentioned above, 2nd move already started,
now the buy is running +230 PIPS IN PROFIT (2625-2648)
istantanea
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as mentioned above, 2nd move already started,
now the buy is running +320 PIPS IN PROFIT (2625-2657)
istantanea
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now the buy is running +470 PIPS IN PROFIT (2625-2672)
istantanea
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As suggested above,
market almost completed its 2nd move
Gold BUY IS RUNNING +480 PIPS IN PROFIT (2625-2673)
BOOK THE MAXIMUM PROFIT
istantanea
Trade attivo
quick update:
until the price is above 2635, the DAILY BIAS remains bullish with target 2665, 2685 and above that 2700
Trade attivo
when I updated it, the price was roaming around 2650 and I told you until the price remains above, the BIAS will be bullish.
price hit 2644 and hit 2663 (2644-2663)
Buy position +190 PIPS PROFIT.
Trade attivo
quick update. (current price-2644)
Immediate support=2640-2642
Demand/ buying zone= 2638-40

decent support= 2630-32.
Immediate resistance= 2655-57
decent resistance= 2670-2673.

until the price is above 2635, the trend remains bullish
Trade attivo
PRICE HIT THE BUYING ZONE (2638-2640), Hence a buy position activates @2638
&
Buy position is running +220 PIPS IN PROFIT .✅✅✅
(2638-2660)
You can book maximum profit here
Trade attivo
Buy position is running +300 PIPS IN PROFIT .✅✅✅
(2638-2668)
istantanea
Trade attivo
quick update. (current price-2660)

Immediate resistance=2666-68
Decent resistance= 2672-74

Immediate support= 2655-57
Decent support = 2638-40

until the price is above 2645, the trend remains bullish
Trade attivo
after the above update:
price hit the support area i.e.(2638-2640),
and again flied to 2670.
then the buy gave us +380 PIPS PROFIT (2632-2670).
whole week, the price perfectly played our analysis.
see the all updates of this analysis, then you will find
this analysis gave us more than +1200 PIPS PROFIT ✅✅✅
Trade chiuso: obiettivo raggiunto
this analysis is closed now after giving us +1200 PIPS PROFIT ✅✅✅
Trend Analysis

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