gold Next (market is in corrective phase)(31-05-2023)

Diupdate
Go through the analysis carefully, and do trade accordingly,

-POSSIBILITY-1
If price breaks 1945-1949 area (i.e. Support area ) and stay below 1949 area, we will place Sell order in gold with target of 1933,1922,1912,1900,1890 & stop loss should be placed at 1955.

-POSSIBILITY-2
If price breaks 1959-1962 (i.e. resistance area ) and stay above 1962 area, we will place Buy order in gold with target of 1970,1980,1985,2000,2008 & stop loss should be placed at 1950. (Low possibility)

Our trading Preference

Trading tips: (Accuracy 90%)
Gold SellBuy no1xxxxx18

TP1no1xxxxx18
TP2no1xxxxx18
TP3no1xxxxx18
TP4no1xxxxx18

SLno1xxxxx18

Best of luck
Never risk 2% of principal to follow any position.
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Possibility-2 occurred,
As price breaks 1959-1962 and it is stayed above 1962
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Hence
A buy activates 1962
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Target-1 +80 PIPS PROFIT ✅✅
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Price running with +130 PIPS profit ☀️🔥
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Sorry for updating you little late
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Full target achieved on 2nd June as I shown in the chart
Chart PatternsTechnical IndicatorsTrend Analysis

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Not financial advice.
Educational purposes only.

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