Gold next move, continuation with mild correction (18-05-2026)

May 18

Plz Go through the analysis carefully and do trade accordingly.

Anup 'BIAS for the day (18-05-2026)

Current price- 4575

Advice- wait for perfect area for selling (4605-4615)

"if Price stays below 4645, then next target is 4580, 4550, 4500 and 4440 and above that 4680 and 4700".

Advice- wait for perfect area for selling

-POSSIBILITY-1
Wait (as geopolitical situation are worsening )

-POSSIBILITY-2
Wait (as geopolitical situation are worsening)



Best of luck
Never risk more than 1% of principal to follow any position.
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May 18

Note

price hit the key-level and rejected,
sell reaction +250 pips (4585-4560)

May 18

Note

what a beautiful falling from the key-level
it is running +500 pips from the key-level

May 19

Note

price failed to break the key-level in 2nd attempt and started falling
now it is running +600 PIPS SELL (4589-4529)

May 19

Note

PRICE FAILED TO BREAK THE KEY-LEVEL,
NOW THE SELL IS RUNNING +1000 PIPS PROFIT (4575-4475)

May 20

Trade active

price just took the liquidity BSL at key level and started falling.
As I mentioned Key-level plays important role deciding short term trend.
our sell position was already active near key-level as I drawn.
Now the sell position is running +1300 PIPS in profit (4584-4454)

May 21

Note

price again hit the Key-level and rejected at 4570,
and gave us falling up to 4490
sell position if any get +800 pips steep fall (4570-4490)

May 22

Trade closed: target reached

Price failed to break the Key-level.
1st attempt price rejected from key level @4583 and fell up to 4533 (support area) and it gave us +500 PIPS PROFIT (4583-4533)
2nd attempt price rejected from key level @4590 area (just took liquidity) and fell up to 4453 (support area) and it gave us +1370 pips profit (4590-4553)
3rd attempt price again rejected from key level@4571 area and fell up to 4488 (IHS neck line ) and it gave us +830 PIPS profit

Congratulations to those who trade our BIAS level and made profit.
what next now?
price is attempting to remain above 4500 area, it is does so it means it may break our Key-level and move up to 4620 area.

So if it does so, the analysis be considered as big target achieved and it is closed now