Gold long analysisagar corona ki wajah se usa me kadhak lockdown lagta hai to usd girega aur gold 2074 ka high todh sakta he
Goldtrading
GoldRSI convergence in Gold hinting at a Strong Bullish trend over Next few trading sessions. I trade convergence only if both Lower points of RSI are in oversold zone
MCX GOLD Idea Trading Under Selling Mxc Gold Trading under down Trend ,using GI-wave-4 Method price Expect down from 48100 towards 47610
GOLD Uptrend - broke 1 year old trend line, possible long.
GOLD -
1. Major Support - 46870.
Resistance - 50000, 52500, 56000.
2. Past Trend - Up. In correction since last one year and has successfully broken last one year old trend line.
3. Strength - Is showing strength in up and is likely to break 50000.
4. Future trend - Break of 50000 and up trend continuation to 56000.
5. Trade Setups -
a. Buy - above 50000, 52500 if it sustains above these levels after breaking them.
b. Buy - around 45500 - 46000 if it shows selling from here.
c. Short - No short, resistance levels should be used to book some profit.
GoldGood Run up since start oif teh month.
RSI at 70
A
At 1875, it has a resistance of the previous channel band.
YTD -2.1% returns....Inflation Hedge ??!!!!
Buy only abobe 1875!
SELL GOLD below 1856 TGT 1843 ,1836SELL GOLD below 1856 TGT 1843 ,1836
SEE TRENDLINE FOR ONE DAY TO TWO DAYS TRADING
see trendline for one and two days trading
stoploss - 1870.
Golden time to begin soon? Good RR15 months of consolidation. 61% retracement. Trendline breakout. Initial signs of next move. Good risk:reward.
shiba next moveShibainu next pump or dump, more chanses to pump so get ready buy targets already mentioned.
new gold predition descending triangle could be formed if it breaks down it will go down or if it breaks up it will go up the trend lines are support and resistance lines
BTST Call in MCX GoldGold is giving buy opportunity around 47700
Gold has touched a low of ₹ 47584 today, if it sustained above 47750 then go for long with stop loss of today's low.
Target around 48250-48400 can be seen very soon.
GOLD MCX EDUCATIONAL IDEAGold mcx
Descending parallel channel pattern breakout along with good intensity of volume,
along with rsi breakout and directing towards north.
Just to learn or educational purpose
One can go long at breakout with stop loss of breakout candle's low which is pegged at 46854
for targets of 47569, 48111, 48808, and 49558.
This is just a learning purpose idea.
Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing
Long MCX SILVERSILVER was trading under the Resistance trendline since mid May (shown in black in chart), but today it gave a breakthrough opening in the morning on MCX.
If it closes above 63800, then we can make a long position in current contract for a major profit.
LOGN SILVER @ 64800.
Silver has a major resistance at ₹ 65800, if it gives a closing above this level, then we can expect an upper movement of 5000-6000 in silver.
new gold 15 min predictionchances are that market will come down till here and go up back to the top trendline but if it breaks the second trendline go to the third and bounce back up and if it breaks the third line it will go to the fourth line and bounce back up both buy and sell opportunity available pay attention to ema
XAUUSD Strategy today 18-19 OCT| XAU USD Analysis Today |XAUUSD : Too many levels and too many opportunities but TIMING IS THE MOST IMPORTANT FACTOR. Don't trade in the middle, trade at the levels when market will be in our favour.
Option1: If market bounces from the support zone of 1750-40, we can BUY.
Option2: As the market has been testing this level for a long time, the level is weakening. If the support breaks, Sell below 1740.
Option3: 1725-1717 is the strongest support zone in the gold right now. Good possibility of a reversal from the support. If it bounces from this support of 1728-1717, we can BUY.
Option 4: If market goes from the current position, SELL at the resistance zone of 1780-90.
Option 5: Buy above1790
Option 6: If market reaches the level of 1805-1810, good possibility of a reversal.
Gold may show some of its colorsIt has been observed that Gold may give a breakout above Rs. 48000/10G (a monthly chart). Keep your Goldbees on the radar.
XAU/USDOverall trend is bearish on Daily and we are looking for a swing trade.
If yellow zone around 1804$ is being respected we will be looking to go short.
Enter on lower-time frame on the break of structure.
MCX GOLD ANALYSIS - Short CallGold on MCX is very bullish this month. Since October 1st, Gold rallied from ₹ 45800 to ₹ 47800 today on MCX. Gold has a major support at 47850. Currently Gold is trading around 47800
Conclusion
If you are a trader then you can have a short term short call in Gold, target can be seen upto ₹ 47400. Make a strict stop loss of ₹ 47880
GOLD Trading ideas !gold currently facing resistance at 47300-47500 and trying to breakout this zone and volume higher than 21 DMA
keep this in your radar with SL as support zone
MCX GOLD TRADINGYellow metal on MCX may remain volatile, traders can take a short positions.
CMP : 46635 at 1:15 (IST)
Stop Loss : 46810
Target : 46225
On th October, MCX Gold DEC Contract made a low of ₹ 46477, which is expected to be broken by today or tomorrow amidst a firmer dollar and a rise in US Treasury yields weighed on the precious metal’s appeal.
Yellow metal will remain under pressure this week.
Buy on dips strategy could work for both the precious metals.
Buy zone above - Rs 46,850 for the target of Rs 47,300
Sell zone below - Rs 46,500 for the target of Rs 46,200
December Gold closing price - Rs 46,757, Support 1 - Rs 46450, Support 2 - Rs 46,300, Resistance 1 - Rs 46,850, Resistance 2 - Rs 47,125.
MCX:GOLD1!
