Gold mcx Descending parallel channel pattern breakout along with good intensity of volume, along with rsi breakout and directing towards north. Just to learn or educational purpose One can go long at breakout with stop loss of breakout candle's low which is pegged at 46854 for targets of 47569, 48111, 48808, and 49558. This is just a learning purpose...
Excellent opportunities are being created to invest in gold for the long term. Gold has been trading below the trade line for a long time, depending on the candlestick of the day. It is possible now to break this tradeline and go to the upper side. Parton is making a gold flag based on the candle of the month. It also shows a bullish sign. New purchases from 48500...
1. Bullish Falling wedge pattern breakout 2. Big Volume candle above 20 MA 3. 20 and 50 MA crossover and price about 20 MA 4. RSI resistance at 60 - 3 times, high probability that it will break 60 this time (Read about RSI 40-60 setup for getting a deep understanding about it) Although their is a selling wick showing rejection, considering other factors their is...
Gold rush After a LL now pL and pH are crossed Reached Q1 RRG Move towards 48675
Buy gold now...cause its going to zoom up....buy now before it becomes expensive
As you could see the price has closed above a very long and deep trend line which was respected past 1 year. So expecting a good and protracted move in Gold and related bullions.
Gold Dec Long Creating base around 200 day EMA around 47330 Buy around - 47550-47600 SL- 47300 Target- 47760, 47868, 48010 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gold Dec Long Creating base around 200 day EMA around 47330 Buy at CMP- 47550 SL- 47250 Target- 47680, 47760, 47868, 48010 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Long term Selling channel finally broken Breakout happened on High volumes Pullback and retesting of support done on low volumes Looks like GoldM is ready to move Higher again Risk to reward looks favorable
GOLDPETAL | Looks good for 160+ points CMP : 4750 SL : 4680 Target : 4900 Almost 1:4 risk reward setup
On Base of my idea to sell international gold I recommend Sell Gold @ CMP 47444 tgt is 47222-47111-47000-46909 on MCX sell gold @ 1777 sith sl 1783 tgt 1763 or below trend show delince patteren with start moving up on if it cross 1788
Gold Dec Long Creating base around 200 day EMA around 47330 Buy at CMP- 47420 SL- 47190 Target- 47680, 47760, 47868, 48010 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gold Dec Long Buy at CMP- 47390 SL- 47160 Target- 47655, 47859,48010 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gold Dec Long Buy at CMP- 47350 SL- 47160 Target- 47580, 47820 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
buy gold in current market price gold will touched 50000 price soon