The chart above indicating a clear uptrend continuation. We may see sideways movement before it hits the top of the rectangle.
According to the Darvas box (rectangular formation), MCX gold will move upward gently this week. Hence, intraday traders can jump between the range of 45200 - 45300.
Targets: 45560 - 45680
If gold breaks the bottom of the rectangle, don't buy. And wait for my next update on the gold.
According to the Darvas box (rectangular formation), MCX gold will move upward gently this week. Hence, intraday traders can jump between the range of 45200 - 45300.
Targets: 45560 - 45680
If gold breaks the bottom of the rectangle, don't buy. And wait for my next update on the gold.
Note
MUST READ:COMEX Gold Price Trapped at Control Price -
Trade closed: target reached
Note
All target of gold has been reached.
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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.
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.