Gold next move (small retrenchment may occur)(03-08-2023)

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

Anup 'BIAS for the day (1st August-2023)

-POSSIBILITY-1
If price breaks 1930-1928 area (i.e. Support area ) and stay below 1928 area, we will place Sell order in gold with target of 1920,1912,1905,1895 & stop loss should be placed at 1939.

-POSSIBILITY-2
If price breaks 1939-1941 (i.e. resistance area ) and stay above 1941 area, we will place Buy order in gold with target of 1950,1954,1968,1972 & stop loss should be placed at 1930.

Our trading Preference

Trading tips: (Accuracy 90%)
Gold Sell/Buy na
TPna
SLna

Best of luck
Never risk 2% of principal to follow any position.
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Trade active
As suggested in the chart,
Price tap & bounce from 1928-1930.
The same was our buying area
Trade active
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Trend Analysis

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Not financial advice.
Educational purposes only.