Gold next move (Bears are in upper hand)(12-05-2023)

2023년 5월 12일

Go through the analysis carefully, and do trade accordingly,

-POSSIBILITY-1
If price breaks 2000-1996 area (i.e. Support area ) and stay below 1996 area, we will place Sell order in gold with target of 1988,1979,1970,1955 & stop loss should be placed at 2007.

-POSSIBILITY-2
If price breaks 2021-2022 (i.e. resistance area ) and stay above 2022 area, we will place Buy order in gold with target of 2030,2042,2052,2065,2075,2090,2100,2120 & stop loss should be placed at 2032. (Low possibility)

Our trading Preference

Trading tips: (Accuracy 90%)
Gold Sell/Buy no1xxxxx18

TP1no1xxxxx18
TP2no1xxxxx18
TP3no1xxxxx18
TP4no1xxxxx18

SLno1xxxxx18

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