ANALYSIS 06.01.2023 ACCURACY SUMMARY AND REVIEW:
As projected in my analysis dated 06.01.2023: If the Bullish momentum pushes Gold price across $1854 barrier, $1866 and $1888 followed by $1907 zone can be the next target for Gold, opening way to $1926 zone. Possibility of $1926 zone was projected in my December 2022 analysis too. CMP $1916.
Buying at $1866 zone (breach of 1854 projected), and holding positions till $1926 gave us handsome profits, on the contrary selling at and above the 1926 selling zone mentioned in my analysis gave us handsome profits multiple times in the last 30 days.
As observed in January, 2023: XAUUSD marked the low of $1825 on 05.01.2023, and retraced from there and made an uptrend movement breaching the levels of 1836-1866-1888-1907-1926-1947, halting at 1966 zone (1960) on 02.02.2023 and reversed back to $1907 zone (1911 low) on 02.02.2023.
Spot GOLD (XAUUSD) crashed from and above 1926 zone multiple times:
$1926-1900(16-17-18-19.01.2023 and 31.01.2023)
$1947-1919 (26.01.2023)
$1947-1926, $1960-1911 (02.02.2023)
Sell limits projected in my analysis dated 06.01.2023
R2/R3 ZONE $1888| UP TREND (Above 1854) : 1866/1888/1907/1926 | SELL LIMITS
Read NFP Day Analysis dated 06.01.2023 here:
https://bit.ly/PR06012023NFP