Gold next move (Bears are in upper hand)(08-08-2023)

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (8th 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
TP@NA
SL@NA

Best of luck
Never risk 2% of principal to follow any position.
Support us by liking and sharing the post.

Trade active:

As shown in the chart
the down side move from 1395 to 1923 completed
TOTAL PIPS COLLECTED +120 PIPS ✅✅✅✅✅

Trade active:

As shown in the chart
Pullback from 1923 to 1933 successfully completed
TOTAL PIPS COLLECTED +100 PIPS ✅✅✅✅✅

Trade active:

As shown in the chart,
The price completed the move
TOTAL PIPS COLLECTED +220 PIPS ✅✅✅✅✅

Trade active:

Now market is in deciding zone
so be careful while taking any entry

Trade active:

Remember-
Market is fully bearish so put entry when you find extreme low or high