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

מעודכן
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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עסקה פעילה
market completed its first move (2656-2673)
Gold buy smashed +170 pips in upside
תמונת-בזק
עסקה פעילה
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)
תמונת-בזק
עסקה פעילה
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
תמונת-בזק
עסקה פעילה
3rd move is running +150 PIPS IN PROFIT
i.e. BUY POSITION IS RUNNING +150 PIPS IN PROFIT (2645-2660)
תמונת-בזק
עסקה פעילה
3rd move is running +180 PIPS IN PROFIT
i.e. BUY POSITION IS RUNNING +180PIPS IN PROFIT (2645-2663)
תמונת-בזק
עסקה פעילה
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)
תמונת-בזק
עסקה פעילה
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
עסקה פעילה
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
עסקה פעילה
Buy position is running +300 PIPS IN PROFIT .✅✅✅
(2638-2668)
תמונת-בזק
עסקה פעילה
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
עסקה פעילה
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.
עסקה סגורה: היעד הושג
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)✅✅✅
עסקה סגורה: היעד הושג
already full target achieved. and it is completely closed now
Chart Patterns

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