GOLD NEXT MOVE (For short term) (24-10-2022)

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

POSSIBILITY-1
If price breaks 1665-1675 area (i.e. Resistance area ) and retested it then, we will place buy order in gold with target of 1700,1727,1738,1772. and stop loss should be the lower price of this Resistance range or 50D-EMA.
POSSIBILITY-2
If price breaks 1642-1632 area (i.e. Support area, Fibo level) and retested it then, we will place sell order in gold with target of 1622,1617,1600,1580,1565. and stop loss should be the Higher price of this Resistance range or 50D-EMA.

Our trading Preference:

Trading tips:
Sell @1650
TP1 @1640
TP2 @1632
TP3 @1622
TP4 1617, 1600, 1590, 1580, 1560

Buy Stop 1682(OPTIONAL)

Best of luck👍👍👍👍
Never risk 2% of principal to follow any position.
Go through the analysis carefully, and do trade accordingly
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XAUUSD / GOLD SELL TP1 WITH +100 PIPS... 🔥🔥🔥✅✅ DONE
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