Gold next move (Ideally a correction is required)(29-02-2024)

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (29-02-2024)
Current price- 2030
"if Price stay below 2042, then next target is 2020 and 2010 and above that 2050.

-POSSIBILITY-1
Wait (as geopolitical situation are worsening )

-POSSIBILITY-2
Wait (as geopolitical situation are worsening)



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

As suggested in the chart,
stop loss hit as price hit 2042

Trade active:

As price hit 2042, then a buy activates @2042 for target 2050

Trade active:

buy position hit +80 PIPS PROFIT

Comment:

SELL @2050-2052 SL @2058 TP 2038