Get started
moneymarine

MCX GOLD ANALYSIS - Short Call

Short
Gold Futures (MCX:GOLD1!)  
moneymarine  
MCX:GOLD1!   Gold Futures
Trend Analysis Gold goldtrading goldanalysis goldshort goldmcx MCX mcxgold mcxtrading indianmarket
0
0
trendanalysis gold goldtrading goldanalysis goldshort goldmcx mcx mcxgold mcxtrading indianmarket
Gold on MCX is very bullish this month. Since October 1st, Gold rallied from ₹ 45800 to ₹ 47800 today on MCX. Gold has a major support at 47850. Currently Gold is trading around 47800



Conclusion

If you are a trader then you can have a short term short call in Gold, target can be seen upto ₹ 47400. Make a strict stop loss of ₹ 47880
Disclaimer

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.