GOLD and SILVER have been in a downtrend after a surge in Mar of this year which was a reaction to the Ukraine invasion. A lot of "GOLD is a safe haven " traders may have entered in post the invasion and have been stuck for over 6 months as the metal moved down over 21%. Of course the continuous downmove since then may have forced a lot of exits. We can now see...
Intraday Gold Long (27 Oct) RSI-61 Buy at CMP- 50780 SL- 50685 Target- 58950, 59120 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gold Short ( 04 Aug) RSI-63 Bearish engulfing candle Sell at CMP- 52020 SL- 52225 Target- 51768, 51680 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
#Gold Short ( 01 Aug) RSI-49 Gap down, RSI divergence Sell at CMP- 51380 SL- 51550 Target- 51185, 51060 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. #mcx #commodities #commoditycall
Gold has accomplished the final correction wave (Y) of wave ((B)) and has begun to form sub-waves of the corrective wave ((C)). Currently, the price is at 100 EMA & the lower band of the parallel channel. It appears that the movement of gold is being dominated by bears, as it is making lower lows and lower highs. If the price breaks down the parallel channel,...
Gold Short (12 May) Sell at- 50810 SL- 50925 Target- 50620, 50510 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
In the previous trading session, MCX Gold made a high of 51538 and closed at 51343 ( +444 ). A question is, is it moving upward? To identify uptrend: There are two hurdles to continuing the uptrend. It should break out the 5th May high or settle above the control line. According to the above chart, Gold is forming a bullish flag pattern. And we're...
Hello, gold futures analysis on 2hr chart buy: 52,000 target: 53,200 stoploss: 51,750. LOGIC BEHIND TRADE : Gold futures has formed W pattern on 2hr chart & given breakout of resistance, buying on pull back is strategy RR is good in trade (target identified from harmonic xabcd pattern level 0.886) stoploss is taken low of resistance candle. MCX:GOLD1!
MCX gold in falling wedge... and breakout of the wedge will give upside move towards 52000+++ gold doing abc correction and coming out of the wedge will confirm completion of corrective abc wave views are educational
Did you read the 26 Jan 2021 article on Gold? Article: Don't Get Yourself Into a Bull Trap With MCX Gold Wherein I have highlighted a strong resistance (SR) which is 49280 . It has broken down on 14 Feb 2022. That indicates the MCX gold uptrend is unfolding here. If it consecutively remains above the SR, we will see the gold price above 51160 - 51740 . The...
Gold has finally given the breakout of ascending triangle pattern with RSI breaching above 60 and MACD crossover, and the target coming for that pattern is of 52000. I've given this call 1 week earlier, those who have trade my idea have surely made profit you could check that idea in the related link.
Welcome All , In this video i will disscuss on MCX GOLD MINI CHART with help of Ichimoku & Fibonacci.
Gold is trying hard to give a breakout of ascending triangle @48912 after which could move towards the target @52176 i.e. a rally of more than 6% !!! . There is also MACD crossover with a positive histogram a damn Bullish signal !!!
Gold Dec Long RSI Divergence at support at rounding bottom pattern with 100 Day and 200 Day EMA Buy at CMP- 47680 SL- 47535 Target- 47920, 48030, 48154 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
sell gold cmp 49100 sl 49400 tgt 48700 / 48500 /48300 / 48100 Sell Gold At CMP 1856 tgt 1842 / 1835 / 1825 sl 1870 in last few day gold has seen tremendous rally from 1760-1868 Now 4h chart is showing tired sign being contrarian i think it should fall for further upmove
Gold Dec Sell RSI Divergence Sell at CMP- 49202 SL- 49370 Target- 49030, 48835 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Strong Resistance @49700 if the Level Breaks We can see a strong Upside movement in Gold
Gold Dec Sell Bearish engulfing candle Sell at CMP- 47940 SL- 48170 Target- 47755, 47628 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.