GOLD NEXT MOVE (waiting for fundamental news) (16-07-2024)

已更新

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (16-07-2024)
Current price- 2435
"if Price stay above 2423, then next target is 2445 and 2460 and below that 2410 .

-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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Price is reaching towards our 1st target as mentioned in BIAS

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As suggested in the chart,
Gold hit the buying zone 2429-2431.
Hence, a buy position activates @2430

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Buy position is running +350 PIPS IN PROFIT ✅
(2330-2365)

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Buy position is running +520 PIPS IN PROFIT ✅
(2330-2382)

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As I Always say,
education is the most powerful weapon to defeat the retailer mindset

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still gold is in buy trend, very complex, situation in 5-Minute time frame

AnupZiddi

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