GOLD TRADE SET UP ( TGT 50,000 )HELLO FRIENDS,
HERE IS GOLD TRADE SET UP AS PER HARMONIC PATTERN GOLD BUY NEAR 46500 TO 47000 LEVEL WITH SL OF 46985 FOR THE TGT OF 50,000/-
HAPPY TRADING FRIENDS
Goldtrading
Gold mcx touch any time to its old support ~46350 inrIt looks that price further come into their previous flat trend and now here more possibilities arises to touch first support level ~46350 in upcoming 2-3 days...
found an head shoulder format in Goldhey guys,
this pattern indicates may be gold will fall down in few days. i think after long time we can find this type of patterns as found in gold daily chart i am expecting it will reach 1650 usd in short time be aware to buy. if any suggestion please reply me about this pattern.
and i am a learner and yhis is my first post and might be is get sucess or not what aever it may please tell any suggestions above pattern
Will Gold Bounce From Current Price Of 46700 ??Sine Line Suggesting Gold Is Making Bottom. 44650 Is Major Support.
Gold futuresprice is at crucial horizontal support which is also the base of the triangle pattern. breakout is expected.
Gold near resistance !Buy gold above 49,500 level.
Possible target 50,450.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
Will Gold Spot make New All time high in 2021 ?Om Namah Shivay
The Gold Spot / USD Elliott wave analysis indicates the sequence to be going down to 1730 level.
The Gold trend if goes up from there, will reach a new time high as a possibility. It can reach 2160.
This is just a personal target. There are no trading suggestions.
Om Namah Shivay
Manappuram | Cup & Handle Pattern 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy above =170 or CMP
--Target = 187 | 209
--Stop-loss = 159
--Lot Size = 6000
--R:R = 3.61
--Expected Profit = 2,28,000₹ per lot ( 22% )
--Expected Holding = 3-6 Months only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Cup & handle formation
2) Volume is good at the time breakout
3) fundamental is also good ( Check Once More )
4) Refer Chart for more
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
XAUUSDhi guys, here my idea on gold in the short time, i am really expecting a new higher high, after that i will be selling evrytime price action let me sell. i think is a good ratio risk benefit and i will buy it.
Gold metal Elliott Wave analysisOm Namah Shivay
Again tried gold and made little different to the starting of the counting.
Gold is now in correction and can lead to further down.
This is for education purpose only. No trading suggestions from this analysis.
Om Namah Shivay
gold - bull flag formation in currency of biggest importer gold - bull flag formation on weekly chart... in the currency of biggest importer of gold . have to see how the next week pan out .
Gold Bullish momentum likely to continue.After strong resistance facing at 1960, precious metal dipped hard falling directly to 1900 support. 1900 support held up nicely and price is currently consolidatibg around 1915-1920. Our price target of 1958 is just below strong resistance of 1960. If market bias changes and gold breaks 1893 support, our SL is placed neately below at 1890. As a start of the new year, fascination about gold's new all time highs are luring XAU bulls to push price higher. We might see 2100 in not so long future.
Short Gold !!! 😯😨As we can see a falling volume and prices are going up, which indicate a weakness.
So lets go short On Gold , Gold will have a correction upto 16%.
We also see a SZ nearby.
Entry 1937
SL 1966
T 1612
Gold at its imp level expecting a breakout soonClosing above at 1900 will take immediately to 1920 and 1960 then 2010,2080
my target for gold is 2743 in end 2021rounding bottom & then touchdown to support & bounce ...on monthly scale ... it must lead to 2743 as 55% from bottom of 1770
Gold Getting Ready For New Life Time High ???Buy Gold On Dips With Strict SL Of 48600 (Weekly Closing Basis) For Target Of 56000
#gold nice reverse head & shoulder on daily , any break of $1900#gold nice reverse H&S on daily chart break of $1900 on closing basis will mean new highs r coming .
Determining the MCX Gold Price Next Big Move According to this chart, gold has started falling from August month. Doji appearing in the last trading session. It's signaling a possible reversal. If gold follows the dynamic resistance, we may see a continuous downtrend. That can be up to 0.5 ( 47300 ) to 0.618 ( 45200 ) of Fib retracement.
Fib retracement:
Swing High: 56191
Swing Low: 38400
Here's ADX less than 25 , and +DI is above the -DI. Additionally, 200 MA & 50 MA is throwing uptrend signals. If we follow the moving average, gold may try to hit 51000 - 51990 ( 0.236 ) levels.
Intraday traders should watch dynamic resistance before entering.
