Long Super Bullish Mode, Gold Target 2114 - 2301
As per (D) TF breakout & and analyzing with (W) & (M) TF's
Following Target is seen :-
1st Target 2114
2nd Target 2145
3rd Target 2174
4th Target 2234
Final Target is set for 2301
Pull back will be seen in middle of each target but overall as per monthly TF BULLs will be seen stronger.
Following Target is seen :-
1st Target 2114
2nd Target 2145
3rd Target 2174
4th Target 2234
Final Target is set for 2301
Pull back will be seen in middle of each target but overall as per monthly TF BULLs will be seen stronger.
Comment:
As said why strong resistance will be broken and it broke
1st Target completed 2114
2nd Target completed 2145
Now 3rd & 4th target is expected by End of January 2024
Remember that 2092 is the hedge point of Buyer's
if the price is above 2092, Buyer's will again go for 1st, & 2nd target until the (D) TF reach in overbough area which will be above RSI 80
GL
1st Target completed 2114
2nd Target completed 2145
Now 3rd & 4th target is expected by End of January 2024
Remember that 2092 is the hedge point of Buyer's
if the price is above 2092, Buyer's will again go for 1st, & 2nd target until the (D) TF reach in overbough area which will be above RSI 80
GL
Comment:
As said above that price will go again for 1st & 2nd target, but since the market is favouring the above said reasons :- which i am reminding again along with 1 more addition in it
1st - Debt trap
2nd - Sanctions
3rd - After Covid 19, none (Global Govt ) have given correct data to analyze because they hide their corruption in the name of stimulus aid.
4th Shifting Industries from one place to another
5th Oil/Lithum/ Hydro energy changes
6th Global High Inflation
7th Environmental Issue
8th All above is covering up with War to distract present situation of their own countries
9th Political Instabilities Globally.
10th Trade Route ( War )
Addition : 11th BTC
Price break out and reach 3rd & 4th Target
Next 5th target is 2301.
Now current hedge point is 2227 and the current tp's above 2227 will be 2241, 2256 & 2263, if fundamental are strong then we might see 2279-2293
Take note correction will take place in btwn, so be prepared for it with tight SL or hedge points. This will safe guard your profits and your equity.
Note : All my charts and posts are my personal views, which i share it in public free of cost for learning purpose only.
1st - Debt trap
2nd - Sanctions
3rd - After Covid 19, none (Global Govt ) have given correct data to analyze because they hide their corruption in the name of stimulus aid.
4th Shifting Industries from one place to another
5th Oil/Lithum/ Hydro energy changes
6th Global High Inflation
7th Environmental Issue
8th All above is covering up with War to distract present situation of their own countries
9th Political Instabilities Globally.
10th Trade Route ( War )
Addition : 11th BTC
Price break out and reach 3rd & 4th Target
Next 5th target is 2301.
Now current hedge point is 2227 and the current tp's above 2227 will be 2241, 2256 & 2263, if fundamental are strong then we might see 2279-2293
Take note correction will take place in btwn, so be prepared for it with tight SL or hedge points. This will safe guard your profits and your equity.
Note : All my charts and posts are my personal views, which i share it in public free of cost for learning purpose only.
Because there are so many reasons
1st - Debt trap
2nd - Sanctions
3rd - After Covid 19, none (Global Govt ) have given correct data to analyze because they hide their corruption in the name of stimulus aid.
4th Shifting Industries from one place to another
5th Oil/Lithum/ Hydro energy changes
6th Global High Inflation
7th Environmental Issue
8th All above is covering up with War to distract present situation of their own countries
9th Political Instabilities Globally.
10th Trade Route ( War )
And lot more ..