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RK_Charts
Jul 16, 2021 4:31 PM

Gold mcx Long

Gold FuturesMCX

Description

Gold has made cup pattern and now forming handle pattern,
along with trendline Breakout trying to retest support zones, one can go long at current levels or in dips if any, all the key levels are mentioned in chart with Stop-loss and targets.

Overall look


Zoomed View


Buying Zone Support Area

Key Levels

Macd in daily positive crossover and Uptick and also above zero line

Rsi in hourly near oversold trying to Uptick

Stochastic in hourly positive crossover


Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
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