GOLD NEXT MOVE (mild correction we see) (23-07-2024)

23 lug

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (23-07-2024)
Current price- 2400
"if Price stay above 2388, then next target is 2410 and 2420 and below that 2377.

-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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23 lug

Trade attivo

GOLD BUY IS RUNNING +80 PIPS IN PROFIT

23 lug

Trade attivo

BIAS TARGET DONE +100 PIPS IN PROFIT (2410-2400)

23 lug

Trade attivo

GOLD BUY IS RUNNING +120 PIPS IN PROFIT

23 lug

Trade attivo

We have already booked +120 PIPS PROFIT
Gold still looks to take a decent correction, so will again enter in the market finding evidence in small time frame

24 lug

Trade attivo

We have already booked +120 PIPS PROFIT

24 lug

Trade attivo

GOLD BUY IS RUNNING +200 PIPS IN PROFIT

24 lug

Nota

until the gold remains above 2405, its short term bullish trend remain intact

24 lug

Trade attivo

Bulls are still fighting to bears to move price upside

24 lug

Trade attivo

Finally price bounce off after hitting demand area .
the updated chart

24 lug

Trade attivo

Since Morning, I am telling gold is still in decent bullish momentum.
1H AND 4H time frame is still suggesting decent correction (during downtrend).
further, remembers, if the price stay above demand (2408-2410), it may attempt to go higher up to 2442.
this position is running in good profit

25 lug

Trade chiuso: obiettivo raggiunto

As I mentioned above,
Gold made good effort to reach 2442 area, but before this area we were having supply zone @2432 area. and finally Gold failed to break this supply area.
Hence, Our Buy position moved well +320 PIPS (2400-2432)