GOLD NEXT MOVE (mild correction expected) (01-10-2024)

Oct 1

Go through the analysis carefully and do trade accordingly.

Anup 'BIAS for the day (01-10-2024)

Current price- 2655

"if Price stays below 2668, then next target is 2645 and 2635 and above that 2685".


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

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



Best of luck
Never risk more than 1% of principal to follow any position.
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Oct 2

Trade active

market completed its first move (2656-2673)
Gold buy smashed +170 pips in upside

Oct 2

Trade active

As suggested in the chart,
gold then taken 2nd move down side side from 2673.
now Gold complete its 2nd move from +280 PIPS PROFIT (2673-2645)

Oct 2

Trade active

we have completed 2nd move.
now we are in third move as displayed in the chart,
and market picked our entry near 2645 and not it is running +100 pips in profit (2645-2655).
until the price is above 2635, the daily BIAS remains bullish

Oct 2

Trade active

3rd move is running +150 PIPS IN PROFIT
i.e. BUY POSITION IS RUNNING +150 PIPS IN PROFIT (2645-2660)

Oct 2

Trade active

3rd move is running +180 PIPS IN PROFIT
i.e. BUY POSITION IS RUNNING +180PIPS IN PROFIT (2645-2663)

Oct 2

Trade active

market hit the buying zone again, and bounced back to the bullish direction, as I told you until the price is above 2635, BIAS will be bullish side.
this bouncing move gives us again +100 pips (2642-2652)

Oct 3

Trade active

quick update. (current price-2644)
Immediate support=2640-2642
Demand/ buying zone= 2638-40

decent support= 2630-32.
Immediate resistance= 2655-57
decent resistance= 2670-2673.

until the price is above 2635, the trend remains bullish

Oct 3

Trade active

PRICE HIT THE BUYING ZONE (2638-2640), Hence a buy position activates @2638
&
Buy position is running +220 PIPS IN PROFIT .✅✅✅
(2638-2660)
You can book maximum profit here

Oct 4

Trade active

Buy position is running +300 PIPS IN PROFIT .✅✅✅
(2638-2668)

Oct 4

Trade active

quick update. (current price-2660)

Immediate resistance=2666-68
Decent resistance= 2672-74

Immediate support= 2655-57
Decent support = 2638-40

until the price is above 2645, the trend remains bullish

Oct 6

Trade active

after the above update:
price hit the support area i.e.(2638-2640),
and again flied to 2670.
then the buy gave us +380 PIPS PROFIT (2632-2670).
this analysis played very well (1st, 2nd & 3rd Move),
and after that also this analysis played very well after my daily updates.

Oct 8

Trade closed: target reached

this analysis is closed now, after giving us +1410 PIPS PROFIT

+170 PIPS PROFIT (upside move)✅✅✅
+280 PIPS PROFIT (downside move)✅✅✅
+180 PIPS PROFIT (upside move)✅✅✅
+100 PIPS PROFIT (upside move)✅✅✅
+300 PIPS PROFIT (upside move)✅✅✅
+380 PIPS PROFIT (upside move)✅✅✅

Oct 11

Trade closed: target reached

already full target achieved. and it is completely closed now