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Goldmcx

Gold for the week 16th sep to 20th sep 2024.Gold is technically long above 2530. Wait for a fall till 2560 and if it retraces and forms a green candle in 4hr time frame then buy above the high of the Candle Sell below the low of the day candle close below 2530 Movement is based on FED's interest rate decision. My view is that FED may cut 0.50 basis point since the American economy is on the edge of falling into a recession. Disclaimer. The above views are my own and for educational purpose. You may do you own analysis before taking a position.
OANDA:XAUUSD
by ramkkyy
GOld spot or XAUUSD DOwntrend movement . Target 1900SYmbol Gold SPot or XAUUSD TImeframe Day chart Analysis : Here we can conclude Selling pressure is more as we can observe a strong reverse pin bar and the breakout from the triangle pattern . We can expect a target of 1985/1900 HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
OANDA:XAUUSDShort
by TanujaK
Gold Mini Futures Intraday Prediction Levels for 7 Dec 2023Gold Mini Futures Intraday Prediction Levels for 7 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line. These levels act as support and resistance. You have to trade according to level breakout or breakdown. If You are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
MCX:GOLDM1!
by suraranjanganguli
GOLD AT 60,000 , WHATS NEXT ??Short Recap - Gold had good rally from 6th oct , to the upside from 56500 to 61250 Currently - price is hovering around the higher time frame bearish order block which is resulting a resistance phase to gold price from (61500 to 60500 zone) there is been a internal CHOC (trend change) from bullish to bearish although the bearish continous will be confirmed if price breakdown and close below 60200 - 60,000 What to do - after the break and close of 60,000 short trade can enter with quick targets as this could be pullback on major time frame where as those willing to go long will need to wait for specific levels consider 58250-58000 zone as a value buying zone this can be tracked based on price shifting the stucture from lower low and lower high towards higher high to higher low as Long Indication
MCX:GOLD1!
by Jimmy_Rebello
Gold MCX: Trading in one thousand-Point RangeGold MCX has settled into a range, possibly confined within a 1000-point zone, specifically between 60125 and 61125 . It's prudent to exercise patience and await a decisive breakout from this range before considering new trades. Stay connected for forthcoming trade ideas. Disclaimer: Trading involves risk, and past performance is not indicative of future results. Always conduct thorough research and consider your risk tolerance before making any trading decisions.
MCX:GOLD1!
by iamrk7
Gold MCX - Trade UpdateHey traders, here's an important update on our Gold MCX positions: We've successfully booked our long position and are currently completely out of our short-term long trade. In order to consider re-entering a long trade, we'll be closely monitoring the market for a break above the key level of 61,130 , and it's crucial that the price sustains above this level. As of now, our focus is on initiating a short trade entry around 60,750 , while maintaining a disciplined stop loss at 61,150. Stay tuned for more updates and trade responsibly. Happy trading, everyone!
MCX:GOLD1!Short
by iamrk7
GOLD long setup (check the description)we have captured the down trend since the beinginng on trend change currently price has breached some fair value area and ob's from medium time frame as i have captured the big trend personally i wont be shorting instead will wait for my buying zone 58810 and 58665 is new current resistace 58275 and 58120 is the level where price would like wick this level to sweep the liquidity and stop loss of remaining buyers there after 58090 - 57970 would be the non mitigated old order block where there will be order and we can new buying from this level 57650 to 57875 will be last demand zone for gold where it will be value zone for buyers
MCX:GOLD1!Long
by Jimmy_Rebello
GOLD continue to decline again...GOLD FUTURES (MCX) continued to decline from the 59900 lvl and has broken the mtf support of 58135 with a gap down price then retested the support, (as the support breaks it will act as resistance now) similarly we seen a rejection and price coming back to day low further if the day low is taken out, we can project the price heading towards its higher time frame demand zone which is around 57650 and 57800 lvl if youre interested in creating fresh short side pos make sure you follow the lower high and lower low formation as there will be certain bounce when the bearish sign starts fadading
MCX:GOLD1!Short
by Jimmy_Rebello