Go through the analysis carefully, and do trade accordingly,
-POSSIBILITY-1 If price breaks 1952-1948 area (i.e. Support area ) and stay below 1948 area, we will place Sell order in gold with target of 1940,1937,1930,1920,1900 & stop loss should be placed at 1965.
-POSSIBILITY-2 If price breaks 1968-1971 (i.e. resistance area ) and stay above 1971 area, we will place Buy order in gold with target of 1980,1985,2000,2008, 2021, 2030,2042,2052 & stop loss should be placed at 1960. (Low possibility)
@AnupZiddi, what we will do from here can we put sell position for a long… my buy entries already hold above 2000. I want to hedge that but market is fall again and again… please give me some advice.. if it will go up then I’ll take sell for account safety..