Gold next move (Bears are cheering )(07-02-2023)

Go through the analysis carefully, and do trade accordingly,

-POSSIBILITY-1
If price breaks 1865-1859 area (i.e. Support area ) and stay below 1859 area in 4H Time frame candle, we will place Sell order in gold with target of 1850,1842,1833,1818,1800,1765 & stop loss should be placed above 1878.

-POSSIBILITY-2
If price breaks 1879-1882 area (i.e. resistance ) and stay above 1885 area in 4H Time frame candle, we will place Buy order in gold with target of 1890,1896,1906,1915,1922,1937 & stop loss should be placed at 1869.

Our trading Preference:

Trading tips: (Accuracy 90%)
Sell/Buy gold now @xxxxxxx
TP1 @xxxxxx
TP2 @xxxxxx
TP3 @xxxxxx
TP4 @xxxxxx
TP5 @xxxxxx

Stop loss @xxxxxx

Best of luck
Never risk 2% of principal to follow any position.
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Trade aktif:

Gold is rejected at 1885 area, but 1865 support is still working

Trade aktif:

Gold is in fighting zone, let moves it out of this region

Komentar:

If gold breaks 1885, then next target is 1896,1904 and it wil fall up to 1765
If gold breaks 1865 then next target is 1855,1840,1828 after that it will fall up to 1765 later