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Mcxgold

Gold Will Show 2000 Points Movement SoonThe 3-impulsive Wave was considered extended with 316% of the 1-Wave included numbers of gaps. A, B, C, and D is a parallel channel of the 4-wave. The price was traveled to appro. 38.2 retraced from 3-wave. The 5-wave minor crossed of 3-wave on the account of the extended move seen 3rd wave. We then came down to the level marked wave 4, but I have put a question mark there. This is because there is a small chance that we are in the middle of a complex correction and so wave 4 might have finished at the point where I have tentatively placed the number (A) to the right. As far as the investor is concerned, he should have gotten out of this stock at the point marked wave 5 top because that was as high as one could ride his luck in an extended fifth wave. In the not too distant future, we should expect Gold to be dumped and for it to reach the low 41000 levels. Attention: it can surge for 49000 to 50000 after a breakout of wave fifth top.
MCX:GOLD1!Short
by freestocktips
1
Nifty /Gold / USDINR - The Important Juncture Thanks from Bottom of my heart to "Sir John Murphy" for giving us such a wonderful book on Intermarket Analysis - "Profiting from Global Market Relationships" Special thanks to my friend & follower who wrote - Think beyond Red & Green Colours. I would love to have your comment once again here in this idea as well. Wish You all a Happy & Colorful Holi This video idea talks about long term outlook on various asset classes such as Gold USDINR Nifty & get some clue for these asset classes. Starting with last stock update - Indusind Bank which was published in Jan 2020 & suggested the fall from 1565 to 1050 - all targets were done & stock touched the channel bottom at 913 lows. Kindly check the idea below --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Indusind Bank - Never miss channel bottoms --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- USDINR Ideas ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 24th March 2019 Idea - USDINR - The Box Match at 69 10th Jan 2020 Idea - USDINR - The Next Path (Holding 70.35 - Expect 72.25 & 74.50 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Gold Futures ------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 17th Sep 2018 Idea - Plausible 1350-1375 Zone ----------------------------------------------------------------------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------- India Nifty ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 29th Feb 2020 Idea - Nifty (India -Buy & Hold) - C-Wave or Corona Wave - What Next ? 12th Jan 2020 Idea - Nifty - Stellium Effect - How I cracked the top at 12295 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Thanks for checking the idea. Wishing you all once again a happy holi -
NSE:NIFTYEducation
by WaveTalks
58
Gold is showing resistance on weekly charts, 1645 is importantGold or xauusd is moving in a bullish channel on weekly charts. Friday's top has touched this very line and closed a couple of dollars lower. Breakouts on weekly channels are not seen very often, a cautious approach is a must at these levels. I would wait for more SELL signals on other indicators before going short, 4-5 $ above the trendline will be the stop loss for this trade. on certain momentum based indicators, some weakness can be noticed on hourly charts, this can be due to some profit booking ahead of weekend or initial signs or some sort of reversal or pullback in a overbought market.
OANDA:XAUUSDShort
by ipuneet
3
Nifty/Comex Gold -Solving Explosive puzzle with Golden ShineDisclaimer All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Comex Gold Trading above 1490$ - There is room for gold to move 80-100$ upside in 1580-1625$ Later below 1490$ - It can slip to 1410/1265/1050$ as per long term strategy. Nifty Index Holding below 11310-11325 – Bias remains negative & whole explosive rally of last trading day could fizzle out & Index could slip back to Target 1- 11140-11150 Target 2- Below 11140 – target is 11080-11090 Target 3- Below 11080- Expect 10950 Target 4- Below 10890– Expect 10750 Target 5- Below 10740– Expect 10580-10615 Note – Above 11325 – This idea gets invalidated
COMEX:GC1!Short
by WaveTalks
73
2019- Still the Asset Class of the YearStart of 2018, I had picked out Gold as the asset class of the year. Then Had a choice between Gold, Equities, OIL and then booming BTC to pick from. While Gold hasnt delivered it has emerged as the best performing asset class of 2018. Coming to 2019- it looks like Gold is in a larger consolidation theme, ranging back to 2013 onwards. There seems to be not much of selling interest below 1150 areas, hence stops are pretty reasonably low risk. potential targets are 1340,1430, 1520 areas. So again if i had to pick one asset class for 2019, this still holds good. with a favorable risk reward.
OANDA:XAUUSDLong
by PowerTrades
Gold Giving a Potential Buying Opportunity for Long Term!!Gold - XAUUSD is Possibily forming an Ending Diagonal in a Wave c of a-b-c correction which will also potentially complete Wave B or 2 of larger Wave Count completing the correction of over all rally from 1150 to 1375. Gold has corrected in a 3 wave decline and is not around 61.8 fib retracement levels. MACD is giving Divergence on smaller timeframes 240/60 giving indication of current declines coming to an end soon.. The current price action suggest that Gold is forming an Ending Diagonal which is almost complete or might go up and come down little once more before breaking out of it.. One can take long positions Gold once the price breaks out of Ending Diagonal and keep it for long as this could be a start of another Rally going higher than 1375 and probably towards 1500. Its a very nice risk reward entry now to go long.. If it goes down further and continue declining further then my analysis might be wrong and I will not take trade as suggested above and wait for other confirmations.
FX:XAUUSDLong
by SirajHudda