Gold next move (weekly forecast)(23-27 Sept-2024)

Sep 23

Go through the analysis carefully, and do trade accordingly.

Immediate resistance- 2635-40
Immediate support- 2615-18
decent support- 2600-2603
strong support area- 2585-90
Potential resistance- 2650-2653

Anup 'BIAS for the week (23-27 Sept-2024)
Current price- 2630

"if Price stays below 2657, then next target is 2620, 2610 and 2590 and above that 2675"

Advice-
For Buying
Best buying area= 2590-2595
For selling
Best selling area= 2635-2640


-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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Sep 23

Trade active

as suggested in the analysis,
gold started melting down @2631 and
the sell is running +120 pips in profit

Sep 23

Trade active

first weekly BIAS target hit +100 pips profit (2630-2620)
total sell position was +160 PIPS

Sep 23

Trade active

first weekly BIAS target hit +100 pips profit (2630-2620)
FULL sell position was running +160 PIPS (2330-2314),
we booked 80% profit remaining 20% move at BE.
Now again finding a sell evidences

Sep 24

Note

price hit the resistance zone and best selling area 2635-2640.
Hence, a sell activates @2640
and the sell position is running +180 PIPS IN PROFIT (2640-2622)

Sep 24

Trade active

price hit the resistance zone and best selling area 2635-2640.
Hence, a sell activates @2640
and the sell position is running +180 PIPS IN PROFIT (2640-2622)

Sep 24

Trade active

price hit the last boundary of rejection block
and gave 90 PIPS profit

Sep 26

Trade active

new analysis has been published. So please go through our new analysis as this analysis gave us 200 pips rejection 2 times. and upside target of 2675 done.
our BIAS also done.
Now you can go though our new analysis

Sep 29

Trade active

all target achieved. we will soon publish new weekly analysis and from now after, we will share update in next coming analysis.
thank you have a great week ahead

Oct 2

Trade active

gold buy is running +1350 pips in profit (2550-2685)
now you can close the trade
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