#DXY is going up
#CrudeOil is going up
#USDINR becoming weak
Vs #Gold in Indian rupee should be weak or might be seen correction or fall
Though on chart looks head and solder type pattern but also looks triangle patter which might give up side breakout. So do you homework before take trade in gold
Have a great day!!!
62500 this wicked or inverted hammer , let the price run through this liquidity
next in middle of somewhere between 62350 - 62500 if there are any FVG imbalance between big candle take trade when it fill the FVG or gaps with stop loss of major swing low and target 62700 book half and rest let it run until it retest 63200
Bullish Pennant Pattern is building :
If Gold gives a breakout above 63300 then it may touch 70000 n more.
If it goes below 61500 then upside will be restricted and a downside fall will start.
The Bullish Pennant Pattern:
The bullish pennant emerges post an uptrend, forming a small symmetrical triangle (the pennant) during consolidation. This pattern...
today fed results--- expect no change in rates so mkt will continue with trend-- eys on 2028$ if stya blw thna expect dwn 2022--2018 or blw 2016 than nxt move 2004$ in mcx 62300 eys on stya blw will take dwn 62220--128-- than after 61900+++++ where hurdel 2040$ if sustain abv than nxt up side 2050--2065$ in mcx 62600 stya abv than nxt up side 62720--800 than...
gold spot blw 2031$ looks dwn fall till2028--2022$ usd index looking bull abv 103.30 till 103.50--103.80gold blw 62500 looks dwn fall only sell on rise with tight sl 62559 tgt 62380--300+++++
gold spot blw 2021$ in mcx 61900 stya blw look dwn fall 61777-600 in cme spot 2012--2005$ dxy index abv 103.50 more power will show till 104--104.40 yes more update stya tuned with us
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Weekly chart shows gold mildly bearish as both VI and stochastics are overbought. But same setup is bullish in daily chart, so it would be safe to sell on a rise.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
📊 GOLD 05 FEB FUT LEVELS
📊 Day Range: 318 Point
📈 Buy at 61678.52
🎯 Target 1: 61965.52
🎯 Target 2: 62087
🔍 Add one lot at 61641
❌ Buyer SL: 61553.48
📉 Sell at 61603.48
🎯 Target 1: 61572.48
🎯 Target 2: 61451
❌ Seller SL: 61728.52
Resiprocate your love by sharing, following and commenting. Trade with trends to turn green!
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
gold spot eyes on 2016-14$ in mcx 61750-720 blw nxt dwn rally will occur soon till 2002-1980+++ in mcx 61540--377+++++ yes 4th hrs trend line support close eyes break or not if support hold than dedcat bounce expect again
