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ajinkyadiwakar717

GOLD with current S/R levels prediction

Long
Gold Futures (MCX:GOLD1!)  
ajinkyadiwakar717 Updated   
MCX:GOLD1!   Gold Futures
Trend Analysis Chart Patterns goldlong goldtradingstrategy goldtrading goldtrade goldforecast goldfutures goldforcast
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trendanalysis chartpattern goldlong goldtradingstrategy goldtrading goldtrade goldforecast goldfutures goldforcast
GOLD1! gold is in parallel channel at the top level support area which was previously a resistance zone, this support zone+ parallel channel breakout can send gold on new all time high or retest the new high level once again.
Comment:
gold perfectly followed parallel channel , changing down trend to uptrend from bottom of chnnel
Trade closed: target reached
Comment:
beauty of strong S/R ZONES, price keeps respecting them over long period.
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