gold ready for correction
as per me 42600is the level that gold fut can touch as the mcx goldm fut
and formula is = spot = 1787 *100/3.73 = 47908
but goldm fut price is 48100
its difference of 300 pts
so you calculate for spot price our target is 1600 so
1600*100/=42900 note ; difference canbe of 300 pts
and formula is = spot = 1787 *100/3.73 = 47908
but goldm fut price is 48100
its difference of 300 pts
so you calculate for spot price our target is 1600 so
1600*100/=42900 note ; difference canbe of 300 pts
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.