gold spot made high 1855$ now 1858--60$ strong breakout point if stya abv ot close than expect up side 1878--1889+++++ where support 1832$ indicate---- in inter day purpose if stya blw 1844$ than expect down 1838--1835$. in mcx 57779 strong hurdle for up side stya abv or close abv than expect 57900-58000+++ where support indicat57300@ blw will melt dwn -- don't...
The Marked area's are major support and resistance level for Banknifty Intraday, also called PAM Areas. When price come to these area we can expect either reversal or breakout from the given area's. So planning a good trade will occur only in the marked areas, when price is in middle, we have to wait for the price comes to the marked PAM Areas
Hi everone Gold enterned into monthly demand zone November 2023 Decemebr 2023 full uptrend Oct 2023 consolidation
Gold on weak side Still EMA Crossed on weekly basis.
take chnce small riskgold spot 1813 or mcx 56500 stya blw dwn only sell with sl 56649 or 1821 tgt 56380-200 or 1807--1805
Gold seems to have completed wave 3.5.5 and is getting ready for wave 4 crack. Possible targets 58500-56000 , post that it can move to 66666 target Rsi tripple negative divergence. Ending digonal breakdown seen in wave 3.5.5 Pullbacks in gold should be used to sell
GOLD is on a bearish run braking all Moving averages on the way from 10EMA,50EMA,100EMA& 200EMA.On its way to test 56000 ? any breach and below 56000 likely to trigger to fresh selling slide towards 54000
Hi friends, Sharing an trading idea on Commodity Gold futures on daily chart as we can see that after hitting all time of 61800 levels all the way it came down 57900 (considering strong support) levels and took support there and resume rally again to 60000 levels with created a double top on this chart. So currently it is trading near to that support and seems...
Gold fell for a sixth straight day to the lowest in almost seven months, as the metal continued to test lower levels following hawkish signaling by the US Federal Reserve (Fed). Treasury yields climbed on Monday after a US government shutdown was averted over the weekend, pushing gold down to the lowest since March. The metal fell 4 per cent last week as a...
sell gold 57720 sl 849 tgt 610--580+++++ yes looking dwn side bwl 1860 ssell on rise loks dwn 1853--48
Gold can fall to the level of 56097 with a small resistance at 56815 in the short term. Short term is negative on Gold and can wait for level 56000 to buy if it consolidates at this level. Otherwise buying can be seen only at 55000 level in short term as of now. This is for the short term and will wait in case further downside is seen even after reaching the 55000...
GOLD is in bullish mood Symmetrical triangle Pattern Time frame for analysis - 4 hr Strong bullish candles found inside the triangle T1- 59262 T2 - 59656 SL- 58770 This chart is only for educational purpose do your study before taking any trades
did u see gold bwl 1913 hit 1880$ ow eys on 1875 if stya blw or cls blw 2days will see 1850--36$ where uper hurdel 1913$ abv only mkt bull zone-- in mcx 57700 hit or dec 58380 hit now eys on 58300 stya blw or close blw 2days dec contrcat will see 58000--57800++++ first eys on lvl
Triangle breakout may take bullish breakout. it may give fresh ATH from here. good consolidation done recently
Gold is expected to take a bounce from the 57500 support level. If gold fails to sustain above 57500, it could fall to touch 57250. The fall in gold is due to a stronger US dollar, higher treasury yields, and the upcoming US Federal Reserve rate decision. Analysis Gold has been falling in recent days due to a number of factors, including a stronger US dollar,...
This recent up move is just a pullback which did not retested out ob it is heading back to retracement area of 0.7 and 0.5 lvl but for short time gold is like to hover within 0.5 - 0.7 level (59665 - 59385) and there after there is resistance above at 60150 cant fit in with good risk to reward for investing or value buying better to avoid fomo 59970 and...
Reason for Fall - Due to the strengthening of the US dollar, metals came under pressure. Technically, a falling wedge pattern is forming, and the market could break out at any time. Astrologically, market sentiments are upside for the coming sessions, based on current planetary positions and movements. Next Support between 58000- 57800