Breakouts & Fakeouts in Trading🔹 Introduction
Financial markets are like living organisms – constantly moving, adjusting, and reacting to news, emotions, and liquidity. For traders, one of the most exciting moments is when a stock, currency pair, commodity, or cryptocurrency seems to break out of its range. Breakouts often lead
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Sell Gold with SL 100800📌 MCX Gold Technical Outlook (₹/10g)
Context: Despite Jackson Hole and fresh rate-cut chatter, gold hasn’t managed a decisive breakout. The USD resistance near $3,390 is capping price; on MCX that maps to ₹100,800.
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Bias tilts neutral-to-bearish unless price closes above ₹100,800. Failure to
GOLDHello & welcome to this analysis
Gold at COMEX has formed a bullish Harmonic Gartley pattern in 4hr time frame suggesting a reversal in trend.
As long as it sustains above $3295 it could give a bounce/rally till $ 3345 - 3370 - 3400 - 3450.
Gold at MCX appears to be ending its pullback but due to
Trading Master Class With ExpertsReal-Life Applications of Options
Options are not just trading tools; they have practical uses:
Insurance companies use options to hedge portfolios.
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Banks use interest rate options to manage risk.
Investors use protective puts to safeguard
Gold Futures – Support Breakdown on the RadarGold Futures (MCX) is currently hovering near a critical support zone around ₹98,600. Price action shows repeated testing of this level, and the latest candles indicate weakening momentum. A decisive breakdown below this support could trigger further downside pressure.
📉 Technical View:
Key suppor
Gold Faces Resistance, Buyers Should Stay Alert near Key SupportGold Futures (MCX) Analysis: Key Points to Watch
Current Price Range: Gold Futures are trading around ₹98,700 to ₹98,750.
Resistance Zone: Gold has been repeatedly rejected near its high around ₹101,500, showing strong selling pressure at this level.
Trendline Broken: Recently, gold broke a
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.