Gold mcx forming pole and flag pattern in hourly chart, once break successfully can touch 57900-57950. disc- Do proper study before make any invest/trade or consult with your financial advisor. This view/analysis is only for educational purposes, not a recommendation.
GOLD FUTURES Intraday levels for Tomorrow.. Gold Bearish and Negative Sentiment = BEARISH Trend At Buyers zone we can look for BUY entry and SELL entry at Sellers area. Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support. For Best entry, Wait for first 5m candle close. Go long when High...
Last time we have seen a symmetric triangle ( look into related ideas) and it breaks the trend line but it din't break our levels. This time also formed a symmetric triangle and hopefully it will break with good volumes and breaks our levels. Long / Short, Enter only on breakouts