💗💗ALERT- Today US Core retail sales (m/m) and Retails sales (m/m) data will be published which may create high volatility in the market.
1. If Data published strong then gold may head towards 1733.
2. If data comes less than exception, then Gold may break 1792 and head towards 1808 Resistance area.
Go through the analysis carefully, and do trade accordingly,
👍-POSSIBILITY-1
If price breaks 1775-1762 area (i.e. Support area ), retested it & price remain below 1762 area in 4H Time frame candle, we will place sell order in gold with target of 1754,1742,1728,1712,1700 stop loss should be around 1784.
👍-POSSIBILITY-2
If price breaks 1784-1792 area (i.e. immediate Resistance area ), retested it & price remain above 1792 area in 4H Time frame candle, we will place buy order in gold with target of 1808,1821,1837 and stop loss should be around 1774.
Our trading Preference:
Trading tips: (Accuracy 80%)
Sell @ 1778
TP1 @1770
TP2 @1758
TP3 @1748
TP4 @1733
Stop loss@ 1798
Best of luck👍👍👍👍
Never risk 2% of principal to follow any position.
Go through the analysis carefully, and do trade accordingly
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