Gold next move (weekly forecast)(02-06 Sep-2024)

31. Aug.

Go through the analysis carefully, and do trade accordingly.

Immediate resistance- 2520-2525
Immediate support- 2499-2504
last cluster of support area- 2490-94
Potential resistance- 2545-2550
Swing range -2460-2465
if price breaks the last cluster of support i.e. 2490-2494, then price may approach to the swing area 2460-2465.
if price breaks the immediate resistance than, then price may break the All Time High and approach to potential resistance i.e. 2545-2550

Anup 'BIAS for the week (02-06 Sep-2024)
Current price- 2503

"if Price stays above 2490-2493, then next target is 2522, 2532 and 2545 and below that 2465-2470."

Advise-
if price reject from the 2520-2525 area and approach to 2500-2505 area, that will be the good zone for buying.


-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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3. Sept.

Anmerkung

XAUUSD on Buying Zone ❤️

6. Sept.

Anmerkung

Perfectly Buying Zone Hit then Hit the Target Zone