Gold MCX Short Opportunity: Key Levels to Watch
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.
Note
Update: Gold MCX - The breach of 60120 invalidates the short trade.Note
Update: Gold has exhibited remarkable performance; however, we did not take a position initially as it invalidated our entry criteria.
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.
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.