Gold Spot / U.S. Dollar
Long
Updated

Gold next move (bulls are enjoying financial crises)(16-03-2023)

1073
Go through the analysis carefully, and do trade accordingly,

-POSSIBILITY-1
If price breaks 1900-1904 area (i.e. Support area ) and stay below 1900 area, we will place Sell order in gold with target of 1890,1880,1872,1856 & stop loss should be placed at 1918.

-POSSIBILITY-2
If price breaks 1924-1933 area (i.e. resistance area ) and stay above 1933 area, we will place Buy order in gold with target of 1943,1853,1962,1972 & stop loss should be placed at 1918.

Our trading Preference

Trading tips: (Accuracy 60%)
Buy gold @ 1918
TP1 @ 1928
TP2 @ 1937
TP3 @ 1950

Stop loss @ 1905

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