Gold next move (expecting a bounce)(01-08-2023)

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the day (1st August-2023)

-POSSIBILITY-1
If price breaks 1954-1952 area (i.e. Support area ) and stay below 1942 area, we will place Sell order in gold with target of 1945,1935,1926 & stop loss should be placed at 1963.

-POSSIBILITY-2
If price breaks 1968-1971 (i.e. resistance area ) and stay above 1968 area, we will place Buy order in gold with target of 1978,1982,1990 & stop loss should be placed at 1964.

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.
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