gold might be bullish Long

Gold FuturesMCX

Description

⋅ Sep 26, 2021 10:37 AM

1. gold is making triangular pattern on daily chart.
2. 45810 is support line. immediate target 46740.
3. RSI show a positive divergence.

NOTE: one should avoid entering in buy trade if USDINR show green light.

Comment

⋅ Sep 28, 2021 10:54 AM

gold is making lows .
1. dollar is strong.
2. 45800 strong support but might got breached.
one should avoid any short or long position.

Chart Patterns mcxgold