Gold weekly analysis (Bears need a correction) (29th - 2nd June)

AnupZiddi Updated   
FX:XAUUSD   Gold Spot / U.S. Dollar
Go through the analysis carefully, and do trade accordingly,

If price breaks 1935-1930 area (i.e. Support area ) and stay below 1930 area, we will place Sell order in gold with target of 1922,1912,1900,1890 & stop loss should be placed at 1942.

If price breaks 1968-1971 (i.e. resistance area ) and stay above 1971 area, we will place Buy order in gold with target of 1980,1985,2000,2008, 2021, 2030,2042,2052 & stop loss should be placed at 1960. (Low possibility)

Our trading Preference

Trading tips: (Accuracy 90%)
Gold SellBuy @no1xxxxx18



Best of luck
Never risk 2% of principal to follow any position.
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Trade active:
See the chart, as price is in bussliah momentum before falling
Trade active:
Full target achieved as shown in the chart on last day of week

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