GOLD || MCX || SELLING ENTRY || CONRT - FEB2024TimeFrame: 2 HOUR
Strategy: SHORT
Potential selling opportunities in the gold market. The plan involves initiating a short position if the price reaches 62330, with a target set at 61876, representing a potential decline of 353 points. In the event of a sustained bearish trend, a further downside target is considered at 61770. This analysis is based on technical indicators.
- Only for education!