VisibleBeer7

Gold Again A Buying Opportunity ???

Long
VisibleBeer7 Updated   
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.

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.