Gold next move (weekly forecast)(07 October- 11 Oct-2024)

6 ott

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the week (07 October- 11 Oct-2024)

Current price- 2653
1st Scenario, (bullish move)

"if Price stays above 2640, then next target is 2663, 2673 and 2688 and below that 2632"

if price fulfills the 1st Scenario,
2nd Scenario, (bearish move)

"if Price stays below 2690, then next target is 2660, 2645 and 2620 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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7 ott

Trade attivo

Buying are triggered @2640 (As suggested in the chart)
Now, the buy position is running +170 PIPS IN PROFIT (2640-2657)✅✅✅

7 ott

Trade attivo

price once again hit the (best buying zone i.e. 2638-2640)
again
Buy position gave us +150 PIPS IN PROFIT (2638-2653)✅✅✅

9 ott

Nota

price third time hit the buying area (2632-2634) and moved up to the 2648.

9 ott

Trade attivo

we got the move 160 PIPS in our favor (2648-2632)

9 ott

Trade attivo

as displayed in the chart,
Gold rejected from the suggested level and break the support level.
Hence, a sell activates @2648
Now the sell position is running +380 PIPS IN PROFIT (2648-2610)

11 ott

Trade attivo

Hence, a sell activates @2648
This sell position gave us +440 PIPS IN PROFIT (2648-2604).
now both the move completed (buy and sell)

11 ott

Trade attivo

This sell position gave us +440 PIPS IN PROFIT (2648-2604).
now both the move completed (buy and sell)

5 nov

Trade attivo

Will update it completely