Gold FuturesShort
UPDATE: When Will MCX Gold explode? [Profit - INR 210000]
As expected, gold has started collapsing after a breakout of the test level. Will it keep falling?
First, click here and read the previous article on gold: When Will MCX Gold explode?
I have written in clear words, "If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46600 – 46000 – 45660 – 45200".
Gold has touched the first two targets by making a low of 45861. Profit per lot Rs.2,10,000 [Free Jackpot Call]
Anyway, what next? Gold can take a U-turn from here. This can be up to 46760 levels. Overall, it's under a downtrend.
First, click here and read the previous article on gold: When Will MCX Gold explode?
I have written in clear words, "If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46600 – 46000 – 45660 – 45200".
Gold has touched the first two targets by making a low of 45861. Profit per lot Rs.2,10,000 [Free Jackpot Call]
Anyway, what next? Gold can take a U-turn from here. This can be up to 46760 levels. Overall, it's under a downtrend.
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Related publications
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.