VisibleBeer7

Gold Again A Buying Opportunity ???

Long
MCX:GOLD1!   GOLD FUTURES
Gold again in the channel support range, Buy at cmp 50741 Strict SL - 50499 Target - Long

One can sell reverse if gold breaks 50499 for target of 50000/49750
Trade closed manually: Gold SL Triggers At 50499 & As said, one can sell reverse if 50499 breaks. So after breaking 50499 Gold made low of 50070, it means 429 points, we lost 241 points in buy & had an opportunity to earn 400 points. Now there are signs of reversal in gold, so kindly close sell position. Closing price is 50280 so where ever u get chance to exit, do exit from sell.