Gold next move (weekly forecast)(07 October- 11 Oct-2024)

6 באוק׳

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the week (07 October- 11 Oct-2024)

Current price- 2653
1st Scenario, (bullish move)

"if Price stays above 2640, then next target is 2663, 2673 and 2688 and below that 2632"

if price fulfills the 1st Scenario,
2nd Scenario, (bearish move)

"if Price stays below 2690, then next target is 2660, 2645 and 2620 and above that 2700"

-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.
Support us by liking and sharing the post.

7 באוק׳

עסקה פעילה

Buying are triggered @2640 (As suggested in the chart)
Now, the buy position is running +170 PIPS IN PROFIT (2640-2657)✅✅✅

7 באוק׳

עסקה פעילה

price once again hit the (best buying zone i.e. 2638-2640)
again
Buy position gave us +150 PIPS IN PROFIT (2638-2653)✅✅✅

9 באוק׳

הערה

price third time hit the buying area (2632-2634) and moved up to the 2648.

9 באוק׳

עסקה פעילה

we got the move 160 PIPS in our favor (2648-2632)

9 באוק׳

עסקה פעילה

as displayed in the chart,
Gold rejected from the suggested level and break the support level.
Hence, a sell activates @2648
Now the sell position is running +380 PIPS IN PROFIT (2648-2610)

11 באוק׳

עסקה פעילה

Hence, a sell activates @2648
This sell position gave us +440 PIPS IN PROFIT (2648-2604).
now both the move completed (buy and sell)

11 באוק׳

עסקה פעילה

This sell position gave us +440 PIPS IN PROFIT (2648-2604).
now both the move completed (buy and sell)

5 בנוב׳

עסקה פעילה

Will update it completely