Gold next move (weekly forecast)(27th Jan- 31st Jan-2025)

26 Jan

Go through the analysis carefully, and do trade accordingly.

Anup 'BIAS for the week (27th Jan- 31st Jan-2025)

Current price- 2770

1st Scenario, (bullish move)

"if Price stays above 2750, then next target is 2780, 2790 and 2800 and below that 2635"

if price fulfills the 1st Scenario (means gold hit 2795-2800),
2nd Scenario, (bearish move)

"if Price stays below 2820, then next target is 2770, 2750 and 2735 and above that 2830"

UPDATE-
immediate support=2760-62
strong buying zone=2450-55
Another buying zone awaits @2730-2735

immediate resistance= 2780-82
strong selling zone= 2788-91 level
Another selling zone awaits @2800-2805



Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.

27 Jan

Nota

price hit the best buying area 2750-2755 and held it
Now it is running +200 PIPS IN PROFIT (2750-2770)

31 Jan

Dagangan aktif

price hit the second buy level i.e. 2730-2732
NOW THE PRICE IS RUNNING +750 PIPS IN RUNNING (2730-2805)

3 Feb

Dagangan ditutup: sasaran tercapai

Price hit the suggested selling area i.e.2809-2810 and faced pressure and then start falling
NOW THE SELL POSITION IS RUNNING + 440 PIPS IN PROFIT (2817-2773)