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DrAnandM
Apr 20, 2024 5:01 PM

Weekly Analysis.. Gold really ready to rally again?  

Description

2360 is going to be the zone..
If respected, Possibly 2480 2530 open up

If Broken, Possibly 2300 2250 Open Up..

Rest of the analysis on daily basis

Comment

Book the shorts here in 2030 zone..
Atleast 50%

Comment

Pardon typing error
2330*

Comment

2300 done

Comment

Keep watch around 2280 zone

Comment

Unless gold trades above 2315,
2280 zone remains in play.

Above 2315, accept 2300 as being respected.

Comment

Again 2360 to act as resistance.

Will be the decisive zone.

Bears will cover above it only

Comment

Importance of 2315 still as much..

Above 2315, 2360 zone could be tested
Below 2315, 2280 2265 zone could be tested

Comment

2340
2310

Trending move on either side break.

2380
2280

More likely on Downside.

Comment

*2360 / 2380

Comment

was in dual state of mind..

Downside didn't capitalise..

Comment

Learning for me 😌

Comment

2330 Value area for Buy

Comment

2330 is going to be the zone

If respected, 2360 2380 2400 possible

If broken, then 2315 2280 possible

Comment

With higher for longer narrative

More BEARISHNESS to prevail.

Downside bias as of now

Comment

Support taken around 2330..

Comment

Weekly closing will matter a lot.. anything below 2330, consider more bearishness in coming week
Comments
oosthuizenp
On point Doc as usual , so glad to have you back!!
AnupZiddi
great analysis dear, really great analysis
DrAnandM
@AnupZiddi
thank you so much sir
we are on same page most of the times 😇
DrAnandM
@AnupZiddi I'm humbled
shindeajay0504
thanks Dr whole week will be tense less now your reall legend I'm happy for you has haters loose talent wins 💪👏
dheeraj89884
bhai it is super bullish ,,2050 / 2065 coming
DrAnandM
@dheeraj89884 Trading according to Price action bro..

Yes It is Bullish..

Have to consider retracements as well . since the moves are big
shindeajay0504
any recent updates
dheeraj89884
@shindeajay0504 2338 / 2365 coming soon
shindeajay0504
@dheeraj89884 long sell kaha se milega
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