Gold next move (Bears are in dominance)(10-02-2023)

10 בפבר׳ 2023

Go through the analysis carefully, and do trade accordingly,

-POSSIBILITY-1
If price breaks 1853-1850 area (i.e. Support area ) and stay below 1850 area in 4H Time frame candle, we will place Sell order in gold with target of 1842,1833,1818,1800,1765 & stop loss should be placed above 1865.

-POSSIBILITY-2
If price breaks 1865-1872 area (i.e. resistance ) and stay above 1872 area in 4H Time frame candle, we will place Buy order in gold with target of 1880,1890,1896,1906,1915,1922,1937 & stop loss should be placed at 1865.

Our trading Preference:

Trading tips: (Accuracy 90%)
Buy gold now xxxxxxxxxxxxxxxxxxxxxxx
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Stop loss xxxxxxxxxxxxxxxxxxxxxxx

Best of luck
Never risk 2% of principal to follow any position.
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