GOLD NEXT MOVE (wait for the perfect buying area) (02-10-2024)

Обновлено
Go through the analysis carefully and do trade accordingly.

Anup 'BIAS for the day (02-10-2024)

Current price- 2650

"if Price stays above 2635, then next target is 2660 and 2678 and below that 2625".


-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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Сделка активна
1st buying area triggered (2642-2645).
Hence a buy activates @2645
now the buy position is running +150 PIPS IN PROFIT (2645-2660)
снимок
Сделка активна
gold again hit the buying area after hitting our BIAS level.
price again hit our buying zone (2640-2644) and bounced back towards bullish direction.
now the buy position is again running +100 pips in profit (2642-2652)
снимок
Сделка активна
Second time,
Again buy position is running +170 PIPS PROFIT 🔥 (2642-2659).
Again we are going to sky.
Сделка активна
third time,
The Price hit our buying zone (2640-2642) and bounced back towards bullish direction.
Again buy position is running +80 PIPS PROFIT 🔥 (2641-2649).
Again our level is giving us too much
Сделка активна
again the price hit best buying zone (2638-40)
Hence, a buy activates @2638.
now the buy position is running +220 PIPS IN PROFIT (2638-2660).✅✅✅
снимок
Сделка активна
now the buy position is running +300 PIPS IN PROFIT (2638-2668).✅✅✅
снимок
Сделка активна
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

Сделка активна
As updated,
the price 3rd time hit the buying zone and gave us +380 PIPS IN PROFIT.
this is an example of perfection of analysis and zone drawn therein
снимок
Сделка активна
Best buying zone and below the support area is still valid for buying (maximum-100 PIPS).
However, I will publish weekly analysis today.
all the future update will be given here. plz keep checking this analysis.
Сделка активна
As updated,(the best buying zone is still valid)
price hit the best buying zone 2638-2640.
now the Buy position is running +180 PIPS IN PROFIT (2640-2658)✅✅✅
снимок
Сделка активна
price once again hit the (best buying zone i.e. 2638-2640)
again
Buy position gave us +150 PIPS IN PROFIT (2638-2653)✅✅✅
снимок
Сделка закрыта: достигнута тейк-профит цена
this analysis is closed now, after giving us +1510 PIPS PROFIT

+150 PIPS PROFIT (upside move)✅✅✅
+100 PIPS PROFIT (downside move)✅✅✅
+170 PIPS PROFIT (upside move)✅✅✅
+80 PIPS PROFIT (upside move)✅✅✅
+300 PIPS PROFIT (upside move)✅✅✅
+380 PIPS PROFIT (upside move)✅✅✅
+180 PIPS PROFIT (upside move)✅✅✅
+150 PIPS PROFIT (upside move)✅✅✅
Сделка закрыта: достигнута тейк-профит цена
already full target achieved. and it is completely closed now
Chart Patterns

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