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rommy5
Mar 24, 2022 2:13 PM

GOLD FUTURES ANALYSIS  Long

Gold FuturesMCX

Description

Hello, gold futures analysis on 2hr chart buy: 52,000 target: 53,200 stoploss: 51,750.

LOGIC BEHIND TRADE : Gold futures has formed W pattern on 2hr chart & given breakout of resistance, buying on pull back is strategy RR is good in trade (target identified from harmonic xabcd pattern level 0.886) stoploss is taken low of resistance candle. MCX:GOLD1!
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