Hi 
Here’s my latest chart update.
The light pink zone marks the area where I plan to sell, while the light blue zone is where I look for scalp buy opportunities.
Right now, I’m watching for a potential break of the Low of the Week at 3002.43. However, before that happens, the price needs to break the Low of the Day at 3015.87 and the Previous Day’s Low at 3007.51 first.
If the market successfully breaks the Low of the Week, there’s a possibility it will pull back to the 3002-3004 level before continuing its downward move.
Take Profit Levels (AKZ Range):-
3004.47
2993.07
2981.67
However, it’s important to remember that this bearish movement may be short-lived, as gold remains in a strong overall uptrend.
This is my current trade plan, but I’m always prepared to adjust based on real-time price action, knowing that the market is constantly evolving.
As always, stop-loss, cut-loss, and take-profit levels should be set according to individual equity and risk tolerance.
Good luck and happy trading!
Disclaimer: I am only sharing my trade plan and following what I see in the market. My analysis may not be the same as others. I remain flexible with whatever the market presents, and I am not necessarily always correct.
CORRECTION: The AKZ end vertical (CHART BELOW) should have been set to server time 07:00. I made a mistake with the placement. Apologies.
Here’s my latest chart update.
The light pink zone marks the area where I plan to sell, while the light blue zone is where I look for scalp buy opportunities.
Right now, I’m watching for a potential break of the Low of the Week at 3002.43. However, before that happens, the price needs to break the Low of the Day at 3015.87 and the Previous Day’s Low at 3007.51 first.
If the market successfully breaks the Low of the Week, there’s a possibility it will pull back to the 3002-3004 level before continuing its downward move.
Take Profit Levels (AKZ Range):-
3004.47
2993.07
2981.67
However, it’s important to remember that this bearish movement may be short-lived, as gold remains in a strong overall uptrend.
This is my current trade plan, but I’m always prepared to adjust based on real-time price action, knowing that the market is constantly evolving.
As always, stop-loss, cut-loss, and take-profit levels should be set according to individual equity and risk tolerance.
Good luck and happy trading!
Disclaimer: I am only sharing my trade plan and following what I see in the market. My analysis may not be the same as others. I remain flexible with whatever the market presents, and I am not necessarily always correct.
CORRECTION: The AKZ end vertical (CHART BELOW) should have been set to server time 07:00. I made a mistake with the placement. Apologies.
I don’t follow the crowd — I follow my system. The rest is just noise.
