AbhishekHSinghCMT
Short

Comex Gold - Selling for 1175-1180 & Bounce for 1400$ Later

COMEX:GC1!   Gold Futures
137 2 11
S-L (Short First- Long Later)

1124$ is a strong level for Gold             -against that Gold             looks to poke above 1400+ dollars in coming day. An impulsive leg got over at 1265 from 1124 & currently in a corrective sequence which could get support in the zone 1175-1180$ -once confirmed about the support- one can look for a bounce target of 1400$+ in coming days.

The recent rally from 1194 to 1235 looks very sharp & could be connecting b-wave for the wave 1265 to 1194.

Trading Strategy
Once it sustains below 1218-1220$ -likely moves to 1175-1180 where it will search for support & later this support could be used to take long positions for target 1400$+ in coming days.
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Sir there can be a short at this levels? and then around 1180 Long for 1400 levels? ..... #Trades are Still on?
Reply
@VikramRajput, I said below 1218-1220 if sustains or if we get confirmation of downside.
Reply
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out