GOLD NEXT MOVE (waiting for FOMC)(12-06-2024)

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (12-06-2024)
Current price- 2336
"if Price stay below 2360, then next target is 2320 and 2300 and above that 2392.

-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:

GOLD SELL TARGET-1 +150 PIPS PROFIT HIT

Trade active:

GOLD SELL IS RUNNING +270 PIPS PROFIT

Comment:

those who are holding their sell positions, they can hold their sell positions

Trade active:

GOLD SELL TARGET-2 +360 PIPS PROFIT HIT

Comment:

NOW,
THE BEST SELLING AREA LOCATED AT 2327-2332 FOR THE TARGET 2270 SL 2343

Trade active:

GOLD SELL IS RUNNING +410 PIPS PROFIT

Comment:

as mentioned in the comments,

our sell position is running +120 pips in profit

Comment:

our sell position is running +170 pips in profit (2332-2315)