gold spot or mcx update blwgold spot blw 2350 looks dwn fall till 2338--32 or blw 2330 more dwn fall til 2302$ in mcx styablw 71700 looks dwn fall 71580--310++++ where hurdel 72300 only stya abv thna mkt up side rally all eyes on middle east tension
GSP12X2024 trade ideas
Gold sell on rise till ATH not break we get 2900 points upsideOn 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Gold MCX Future Weekly Technical Chart Analysis 15-19 Apr, 24Gold MCX 5 June Future Technical Chart Analysis
📊 Range Point: 71843
📈 Weekly Range: 3515
🎯 Buy Above: 72615
🎯 Average At: 72201
🎯 Buy Target 1: 74015
🎯 Buy Target 2: 75358
🛑 Buyer Stoploss: 2357.88
📉 Sale Below: 71786
🎯 Sale Target 1: 69671
🎯 Sale Target 2: 68328
🛑 Seller Stoploss: 72957
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Bold move of gold is about to hold1. Price is out of regression,
Thats an outlier movement, which explained the intensity of the impulse, its a characteristic movement of 3rd wave
2. Internal wave structures & Primary wave analysis,
5 sub wave of 3 primary wave is am extension wave, price structure is quite stiff and resembles with Climax Top
3. Cup & Handle pattern target has achieved, have spotted 2 such a structures
4. Deviation from 200 ema
Considering these counts, price could come to 67600 Or 62500, this would be complex correction & expected to see flag formation.
Gap or Trap?Gap has been created in the chart.
Gap analysis can reveal the phase of the trend, (beginning, middle or end).
Runaway gaps are not filled immediately, showing the trend is in the middle phase.
While exhaustion gaps are filled quickly, signaling the end or slowing down of trend.
Gap will be filled it it retraces back to 67848
Additional it is important to know that:
Exhaustion gaps are not guaranteed to be filled quickly, and some may persist.
Runaway gaps can also fill eventually, but it takes longer compared to exhaustion gap.
gold mcx or spor updte edu.pur.eyes on 70600 if hold abv than nxt up side 71300-500++++ laxman Rekha 71578 if stya abv or close abv 2 days than see 72700+++++ no if d but ---- yes spot abv 2350 stya abv or close 2 days 2390-2420++++++ yes no positional sell side abv lvl hold if--
Gold MCX Future Weekly Analysis 08-12 April Also For Options📊 GOLD 05 APR WEEKLY FUT LEVELS
🎯 Weekly Range: 2636.00
📉 Buy at: 69692.05
🎯 Buy Target 1: 72265.05
🎯 Buy Target 2: 73272.00
📉 Average Position: 69381.00
🛑 Buyer Stoploss: 68813.38
📉 Sell at: 69069.95
🎯 Sell Target 1: 69006.95
🎯 Sell Target 2: 68000.00
🛑 Seller Stoploss: 69948.62
gold mcx update blw after payrol data-edu. purgold mcx stay blw 69650 or 2290 spot looks dwnn 69380--220++ in spot looks dwn 2274+++ or more where hurdel 2297 or in mcx 69888 only stya abv or close thna nxt rally possible
MCX GOLD - ONE MORE SHORT ATTEMPT ?MCX GOLD is currently trading at 68900.
I shorted GOLD twice in last three weeks. One position was closed in 700 points profit and other went 1000 points in profit and then closed CTC.
I'm shorting MCX Gold Futures once again at CMP 68900. I will add more short position if 69600 comes & will hold with SL above 70100.
I think rally in gold is about to end and I'm expecting Gold to fall soon & change its trend from bullish to sideways - negative. M pattern is in making in 4 HTF.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
gold mcx stya abv 69700 update edu pur.gold mcx stya abv 69700 looks up 69900--70000++++++ buy on dips sl 69555
gld mcx update or spot also edu pur.gold mcx styaabv 68900 looks up side 69200-69300 sot gold abv 2266 looks 2289+++++++ buy on dipssss with support sl 2260
gold mcx update edu pur.gold mcx styaa bv 68700 looks up side 69000--69300 expect spot gold abv 2260 zoom expect 2270--90+++++ support 2245$ only blw more dwn more lvl stay tuned with us
gold june update here education.purpose gold spot crossed 2200 now looks up side 2230--45++++ where support 2185 find only blw may some dwn correction ahead in mcx june gold stya abv 67379 looks up side 67700-68000+++++++ buy on dips sl 67171 use --edu pur--
Gold : Bullish Flag breakout to beGold after a good rally consolidate in the form of bullish flag. Now it's time to breakout.
Breakout above 66000
target will be 69500-69600
stop loss 65400
A clear uptrend is very likely to begin.
Put Stoploss will on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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Gold : Buy above 63360Breakout above 63360 buy above 63360 target will be 70000-70500 stop loss 62000
A Bullish Descending Flag Pattern is about to explode it's energy to throw Gold price very high.
Going against the trend on Gold (position Trade)after the gap on 21st the buying potential looks faded and we can see a strong rejection
then we have 4h bearish fvg and then filtered with 15mn another bearish fvg
which is at the level of 66400 could be the selling or short limit with sl of 66800 and target of 65200 and second target at 64400
Gold MCX JUNE Future Weekly Technical Chart Analysis 1-5 April🪙 GOLD 05 JUNE WEEKLY FUT TECHNICAL CHART LEVELS
🎯 Weekly Range: 1992 Points
📉 Buy at: 67089.06 | Average at: 66854.0
🎯 Buy Target 1: 68908.06 | 🎯 Target 2: 69669.0
🛑 Buyer Stoploss: 66425.06
📉 Sell at: 66618.94
🎯 Sell Target 1: 66445.94 | 🎯 Target 2: 65685.0
🛑 Seller Stop-loss: 67282.94
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Rally is about to end in MCX GOLD ?MCX Gold has rallied one way from 62000 to 67000 in last 5 weeks without any major retracements.
Gold is currently respecting a rising channel pattern & currently trading at higher end of this channel pattern. I'm expecting gold to correct and touch bottom of this rising channel.
I tried to short gold last week but it went sideways so I had to close. Closed that position in 700-750 rupees in profit.
I am seeing a trading opportunity in gold.
Here's a trading opportunity.
GOLD CMP - 66780
I'm taking short positions in Gold June Future at CMP 67160.
Holding Future short position with Stoploss 67600.
I'm also planning to short MAY 65000 CE positionally which is now trading at 2500-2600.
I'm expecting a correction in Gold very soon.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GOLD looks strong on chart Gold looks good expecting to move 70k 72k
Disclaimer: No buy sell suggestion , Shared only for learning purpose
#Gold | MCX update: Mar 27
🔸 Entry Points for Selling Gold
Timeframe : 4 Hour
📈Technical Analysis - Weekly
Observing a rising wedge pattern forming.
Gold price sustaining above the wedge, indicating potential downward movement.
🔸Short-Term Analysis
Triangle pattern breakout expected.
🔸Below breakout point: 66300.
Target: 65800
🔸Above breakout point: 66450.
Target: 66800
mcxgold dily chart breakput update edu pur.gold aprail hold blw 66379 from yesterday now looking short term inter day correction expect 66020--65930+++++ yes today high very crucial if hold blw than also this structure may active again ---one can sell on rise with high sl
gold chart for long term prospective gold chart for long term prospective you can invest to targets orange line .. but your own risk if you want to trade took simple moving average 20 50 200 on chart .
#2 GOLD Update - know where to buy and sellIf, price below 61450 will trigger the liquidity of trades who entered recently
because the price have not mitigated the order block below it 61200 and 61100
On the upper side, above 62700
63200 - 63400 - 63800 will be the sellers order block and fair value they will look to sell
the remaining levels will be choppy
trade level to level
