GOLD - WEEKLY ANALYSIS.
Updated
GOLD - Last week it was in a complete narrow range, I am expecting an interesting move in this week. I have drawn a path based on thrust & force method, typically known as Supply and Demand in normal terms.
Follow the path as mentioned, Closing price is 1950 Now, from here the path should be like
From 1950 am expecting 1956 reverse back > Major hurdle stop loss 1968.
From 1956 > 1945 >1951 > 1936 > 1941 > 1929 > 1936 > 1918
Keep Stop loss as per your risk reward based on your entry level.
I have tried a lot to simplify this for you, Still in case if you are not able to understand this, feel free to ask, Write in the comment section. I will be happy to help. Follow the path as mentioned strictly.
Why you should follow this tradingview account ?
Thanks !!
Follow the path as mentioned, Closing price is 1950 Now, from here the path should be like
From 1950 am expecting 1956 reverse back > Major hurdle stop loss 1968.
From 1956 > 1945 >1951 > 1936 > 1941 > 1929 > 1936 > 1918
Keep Stop loss as per your risk reward based on your entry level.
I have tried a lot to simplify this for you, Still in case if you are not able to understand this, feel free to ask, Write in the comment section. I will be happy to help. Follow the path as mentioned strictly.
Why you should follow this tradingview account ?
- Managed by top most renowned trader - Pulak Priyesh
- 10 + years of trading experience
- Professional Day trader
- Excellence award winning mentor
- Professional chart, clear chart without junks.
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Thanks !!
Trade closed: target reached
Achieved full target
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