Potential Gold MCX Short Setup: A short position may be considered in Gold MCX if the price falls below 60620, with a stop loss set at 61150. Please note that this trade setup is only valid if the price does not breach 61120 before activating the short.
Disclaimer: Trading involves risks, and this is not financial advice. Always perform your own analysis and risk assessment before making any trading decisions.
Disclaimer: Trading involves risks, and this is not financial advice. Always perform your own analysis and risk assessment before making any trading decisions.
Comment:
Update: Gold MCX - The breach of 60120 invalidates the short trade.
Comment:
Update: Gold has exhibited remarkable performance; however, we did not take a position initially as it invalidated our entry criteria.