Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the day (30-07-2024) Current price- 2386 "if Price stays above 2372, then next target is 2396 and 2408 and below that 2364 .
-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.
Transaction en cours
Gold buy is running +90 PIPS IN PROFIT (2386-2395) book little part of profit and manage trade
Transaction en cours
BIAS TARGET-1 +100 PIPS PROFIT DONE (2386-2396)
Transaction en cours
Gold buy is running +240 PIPS IN PROFIT (2386-2410)
Transaction en cours
Gold grabbed the liquidity as I mentioned in the analysis. But The interesting fact is that gold seems to be stabilized above 2400. Be careful and trade patiently
Transaction en cours
Gold BUY IS RUNNING +320 PIPS IN PROFIT (2386-2418) we will share the current scenario/ thought on gold very soon
Transaction en cours
Gold BUY IS RUNNING +400 PIPS IN PROFIT (2386-2426)
Transaction en cours
Gold BUY IS RUNNING +420 PIPS IN PROFIT (2386-2428) you can book maximum profit here or if you do not wish to book please move your sl to entry
Transaction en cours
Gold BUY IS RUNNING +440 PIPS IN PROFIT (2386-2430) what a fantastic move we caught
Transaction en cours
Gold BUY IS RUNNING +640 PIPS IN PROFIT (2386-2450) what a fantastic move we caught NOW WE ARE CLOSING 50% here and moving sl to 2400
Transaction en cours
what a huge target we caught amazing Gold BUY 90% CLOSED WITH +700 PIPS IN PROFIT (2386-2458)
Note
Thoughts on Gold @@@@@@@@@@@@@@@@@ Gold Trend changed to heavy bullish Immediate support 2430-2435 Immediate resistance 2455-2460 Order block area 2425-2430
If price holds this support, price may attempt to target all time high 2470-75 If price breaks this support, then we may see 2410 area
Thank you
Transaction en cours
As is stated, Support is located at (2430-2435 area) gold couldn't break the 2430-2435, and support from this range, Gold bulls breaks it previous high (2462) and extend it move up to 2468. those who took entry @2435, their position is running +330 pips in profit Our Gold position is running +820 PIPS IN PROFIT
Transaction en cours
Our Gold position moved +910 PIPS IN PROFIT CLSOE MAXIMUM
Transaction en cours
Thoughts on Gold: Yes, As Friday prices cleaned the liquidity up to 2412, today the area was retested in Tokyo session, And gold is near its resistance zone, once it breaks the resistance 2455-2460 then Bulls may break the ATH and set a new ATH. detailed thoughts will be published soon.
be ready to see the roaring speed of bulls
Note
As per Eliot wave gold finished its third corrective wave (i.e. C wave)(setting a low 2353) immediate after that, Gold again started taking bullish move and it completes, 1st move to the upside (i.e. 1 wave) (from 2353 to 2403) 2nd move to the down side (i.e. 2 wave)(from 2403 to 2370) 3rd move to the upside (i.e. 3 wave)(from 2370 to 2477) 4th move to the downside (i.e. 4 wave)(from 2477 to 2411) Now Gold is forming its 5th impulsive wave (i.e. 5 wave )(from 2411........) we can see gold my definitely break the ATH while moving in this wave. Gold Bulls are ready to break the ATH and set a new ATH near about 2490-2510. only after that we may see a decent correction.
thank you Anup
Note
until the price is above 2380,
we will consider the trend Bullish,
the main hurdle is to cross 2420 area, one the area crosses 2420 area,
then we will see bulls attempting to break all time high.
thank you
Note
Bulls are making their full effort to break 2415-2120 region, so that they can ride up to 2440 then 2460.
But the area 2417-2420 is still working well and it is not loosing its ground.
Advice-
if the area broken by the Bulls, then we will see the ride up to 2440,2460
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