MCX:GOLD1! could see starting of long uptrend. SL- previous week low -on weekly suport. - .618 fibsupport of previous swing low & high -good risk reward please note this is weekly TF. #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Gold Dec Long Flag Pattern Breakout Buy at CMP- 46450 SL- 46190 Target- 46685, 46780, 47030 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Long can be initiated if close is above yesterday's high with SL of yesterday low. On chart it seems that trend is towards downside but on other side of table it may be trying to flush out weak hands. It has broken previous support and close below that also and now it is coming up again.. it may be a bear trap..
Gold is drifting lower quite comfortably. Heading to the Fibo Tgts given previously. Bullish only if it can cross 47XXX
Gold Oct Long Double bottom chart pattern short term trendline breakout Buy at CMP- 45950 SL- 45745go Target- 46130 , 46220, 46335 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
A triangular pattern is about get completed on daily chart. rising dollar putting pressure on gold prices but their is higher chances is may go up before festive season. instead of entering in any trade one should wait for confirmation. momentum indicators are in week zone.
Gold Oct Short Sell at CMP- 45970 SL- 46215 Target- 45800, 45670, 45415 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
1. gold is making triangular pattern on daily chart. 2. 45810 is support line. immediate target 46740. 3. RSI show a positive divergence. NOTE: one should avoid entering in buy trade if USDINR show green light.
Gold Oct Short Sell at CMP- 45975 SL- 46102 Target- 45800, 45645, 45400 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gold made a bearish triangle pattern on the "Weekly Time frame", even it close below 45600 level
clear buying indication now it's giving us. if anybody wants to make position on gold future Oct 2021 please buy at that time. It's a golden opportunity to buy gold...in short tream . these are the target 45869,45980.46148.46273.46475.46551.46697 and also when you buy gold you can also hold for some days and enjoy your journey. there is 80% chance to achieve the...
We can see the gold at 40000 at the end of this year
Gold Oct Short price faced strong resistance at 20 day EMA yesterday Gap down opening today Sell at CMP- 46280 SL- 46530 Target- 46020, 45848 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
1. Fed postponed bond tempering. ( +ve for gold) 2. china default has been resolved. ( -ve for dollar$ , +ve for gold) 3. festival season ahead gold might show strength if break triangular pattern upwards. try to buy around 45,800.
This is my trading journal, not a trade recommendation. I Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experience. Chart posted to brush up some old concepts. Shortening of thrust and double bottom Waiting for breakout from downward channel, then...
Buy Gold 45900 sl 45666 target 46750 Gold ( XAUUSD , $1,802) broke down & support comes at $1,752! it necessary for gold to cross 1781 today...... else stop loss 1766
Gold Oct Long Buy at CMP- 46458 SL- 46110 Target- 46760, 46880 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.