AnupZiddi

GOLD NEXT MOVE (waiting for the perfect entry) (31-05-2024)

AnupZiddi Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (31-05-2024)
Current price- 2345
"if Price stay below 2362, then next target is 2330 and 2320 and above that 2375.

-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 chart,
Price moves to 2357-2360 which is a selling area for gold
Trade active:
Hence,
A sell position activates @2359 for target 2330 & 2320
Trade active:
1st SELL TARGET +290 PIPS PROFIT DONE
(2359-2330)
Trade active:
GOLD SELL IS RUNNING +390 PIPS PROFIT (2359-2320)
Trade active:
Remember-
Gold is heavy bearish so don't buy without strong evidences
Trade active:
SELL IS RUNNING +440 PIPS PROFIT DONE
(2359-2315)
Comment:
Gold is still in bearish trend
So be cautious while opening any long position

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