GOLD Looking ready for 5% upside in 3-4 WeeksGOLD Looking ready for 5% upside in 3-4 Weeks.
Gold Hourly chart shows breakout from Flag Pattern targets coming as 100000+ in coming 3-4 weeks.
Happy Investing.
Contract highlights
Institution Trading part 5Institutional trading involves buying and selling financial assets on behalf of institutions, such as big funds or investment banks. These large companies have dedicated teams consisting of analysts and traders who work together to make optimal trades.
Gold as said on Sunday 90% chance to break previous low How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Candle Sticks Pattern part 1Candlestick patterns are a visual representation of price movements in financial markets, used in technical analysis to identify potential trend reversals or continuations. Each candlestick represents a specific time period and shows the opening, closing, high, and low prices during that period. By
Divergence based TradingDivergence occurs when the stochastic oscillator's peaks or troughs disagree with the price. For instance, if the stochastic makes lower highs while the price is rising, it indicates a bearish divergence. Likewise, higher stochastic lows against lower price lows indicate a bullish divergence
MACD ( Moving Average Convergence Divergence)MACD, or Moving Average Convergence Divergence, is a momentum indicator used in technical analysis to identify changes in the strength, direction, and duration of a trend. It's calculated by finding the difference between two exponential moving averages (EMAs), typically a 12-period and a 26-period
Gold comex until 3264 not break and sustain sell rise 3160 targtHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
$XAU BEARS TO ENTER ?Seems like the gold is in down trend due to global markets tension easing out and gold not being a safe haven any more. As per the analysis seems like it can potentially go down $3220 won't be that easy ( until DJT says something crazy about tariffs on China ).
Let's see How well does this pan out
MCX GOLD..... CORRECTION MODE ??MCX Gold just at supp of 50 ema & 61.8 % Fib RT of the recent range.
With so many positive news on agreements, will Gold take a beating ?? Let's See.....
Gold mcx if break 91400 then 87850-87200 Target sell on riseHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
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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.
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Frequently Asked Questions
The nearest expiration date for Gold Futures (Jun 2021) is Jun 28, 2021.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold Futures (Jun 2021) before Jun 28, 2021.