gold mcx analysis blw as per chart edu. purposegold stya blw 1965$ in mcx 19400 looks dwn fall till 1955--33 in mcx 60110+++++ where support 60577 abv may be up sideee
GSP12X2024 trade ideas
Double Top in Gold..time to be careful !!This the C wave of the correction. This is the most devastating wave of the three. A double top is a directional signal and is asking u to take note. We also have a Doji right at the zone indicting reversal. RSI has reached the bear zone of 60-65 at this crucial resistance and composite is at resistance too. Fib analysis is indicating a deep correction. Be watchful of ur longs!!
Gold MCX Long Strategy with Key PointsConsider a long position in Gold MCX around the current price of 61160.
Initiate 30% of your standard position size.
Add to your position within the 60960-61000 range.
Set a stop loss at 60550 for risk management.
Potential profit targets are at 61380, 61600, and potentially 61800 or higher.
Please note that this is a suggested approach and not financial advice. Make informed decisions and conduct your own analysis.
Gold MCX: Trading in one thousand-Point RangeGold MCX has settled into a range, possibly confined within a 1000-point zone, specifically between 60125 and 61125 . It's prudent to exercise patience and await a decisive breakout from this range before considering new trades.
Stay connected for forthcoming trade ideas.
Disclaimer: Trading involves risk, and past performance is not indicative of future results. Always conduct thorough research and consider your risk tolerance before making any trading decisions.
sell gold 61000--61050 sl 61139 tgt 60830---720++++ safe mini sell gold 61000--61050 sl 61139 tgt 60830---720++++ safe mini play deta looks stronger than expected -- edu.. purpose
Gold MCX - Trade UpdateHey traders, here's an important update on our Gold MCX positions:
We've successfully booked our long position and are currently completely out of our short-term long trade.
In order to consider re-entering a long trade, we'll be closely monitoring the market for a break above the key level of 61,130 , and it's crucial that the price sustains above this level.
As of now, our focus is on initiating a short trade entry around 60,750 , while maintaining a disciplined stop loss at 61,150.
Stay tuned for more updates and trade responsibly. Happy trading, everyone!
Gold MCX Analysis: Trading Range AlertGold MCX - Short-Term Analysis
Gold is currently trading in a tight range and appears to be hovering around a resistance level. As of now, we advise caution for short-term trading, as the market lacks a clear direction.
Key Levels:
Range: 59660-60260
Additional Resistance: 60330-40
Our strict advice is to refrain from trading in gold at this moment until we receive a clearer indication of its next move. Market conditions may change rapidly, and it's essential to wait for a more defined trend before taking any significant positions. Patience is often a trader's best ally in uncertain times.
GOLD MCX FUTURES WEEKLY CHART ANALYSISWeekly Technical Analysis of Gold MCX Futures : -
As discuss in the previous week's Technical analysis,
Gold is following a strong bullish price action, with good volume followed by breakout on daily chart.
In last week our first 2 positional targets achieved. We are still into a bullish territory over the charts for gold.
GOLD target for all mcx traderHi every one
I am gold king
you can watch my anlysis
You can start Investing in gold
Note: this is not buy sale tips
this is my perfect analysis gann cycle
R u ready
Gold Swing Trade IdeaHi All - swing trade opportunity in Gold.
Timeframe - 1H
Key Highlights:
1. Long entry on range breakout
2. Consolidating in range
3. Bouncing off good volume
MCX GOLD:GOLDEN EMA CROSSOVERMCX GOLD:Looks bullish,EMA Golden crossover,likely flag pattern all indicates a breakout towards 60000-60300
(For Educational purpose only)
GOLD UPDATE - Long side after upmove price is making side ways it can be continous for next up move
there is a level 58450-60 around for buyers liquidity might retest this
or else 59450 can trade breakout for the target of 60600
gold or natural gas sell gvn rocked blw update chktold sell gold blw 60650 low 60545 or sold natural gas blw 260 hot 245 chk post hope u enjoyedd or not!! more lvl will update soon dont stuck wrong side
Gold looking strong above 60,666Keep eye on 60,666 if break so we can see more up move
Note i m not SEBI Reg advisor
sell gold stya blw 60650 looks dwn 60550-450sell gold stya blw 60650 looks dwn 60550-450 yes mkt on higher lvl but looks some profit booking keep tigt sl spot gold 1983 or sell here with tgt 1974--70
gold mcx sustain abv 59100 buy only tgt looks 59220--350++gold mcx sustain abv 59100 buy only tgt looks 59220--350++ sl will be 58940 buy on dips gold spot abv 1913$ looks uo side 1928--32$ or more
Gold MCX AnalysisGold MCX Analysis
Current Status: Gold MCX is currently in a consolidation phase with no clear trading direction.
Key Levels to Watch:
Support Break: To establish downside momentum, watch for a break below 58880, which may signal a potential downtrend.
Immediate Resistance: The immediate resistance zone is 59265-70. If the price approaches this level, it might face selling pressure.
Fresh Buying: Consider new long positions if the price rises above 54450.
For Long Positions:
If you are already holding long positions, it's advisable to set a stop-loss (SL) at or below 58880 to manage potential losses.
Note: Trading involves risks. Ensure you have a well-defined strategy and risk management plan.
Gold mcx gold mcx -good upmove yeterday and saw profit booking near important resistance zone 60500 fresh upside strong move on day closing above 60500 .for now on rise towards 60000 can sell gold chances of visiting 58000-57000 level will be high in coming weeks . Negative view fails on strong close above 60500 levels .
(this are my personal views .I might be wrong to.)
Report -
Deepesh shah
GC1! , XAUUSD , GOLDA descending Triangle breakout after a ABC correction seems bullish
With Geopolitics and Macros also favoring GOLD
Resistances and Targets are clearly shown
GOLD LATEST UPDATE - OCT 17 - 18Gold is currently forming a falling wedge pattern, which is a bearish reversal pattern.
- Resistance level for the falling wedge is at 59410
- Support level is at 58900.
If gold breaks below the support level, it could fall to the next support level at 58410. If gold breaks below the 58410 level, it could continue its downtrend to the next support level at 57910.
GOLD FUTURE - BULLISH PRICE ACTIONBullish price action refers to a series of price movements and candlestick patterns in a financial market that indicate an upward or bullish trend is likely to continue or emerge. Here are some common signs of bullish price action:
1. Higher Highs : In an uptrend, each successive high should be higher than the previous one, demonstrating an upward momentum in prices.
2. Higher Lows : Similarly, each low in an uptrend should be higher than the preceding low, indicating that buyers are willing to step in at higher price levels.
3. Bullish Candlestick Patterns : Look for bullish candlestick patterns like bullish engulfing patterns, hammer, morning star, or doji reversals, which can suggest a potential shift in momentum to the upside.
4. Support and Resistance : When price breaks above a significant resistance level or a moving average, it can be a strong bullish signal.
5. Volume Increase : Increasing trading volume as prices rise is often a confirmation of a bullish trend.
6. Trendlines : Drawing an upward-sloping trendline connecting the lows can help visualize the bullish trend.
Gold 4 ever 🫡🫡🫡🫰Price action saying every thing about this charts
Egarly waiting 4 Small🤏 resistance cross , and i wanted to enter in this
My r:r is very FEVRABLE now
Only waiting for some dips n then blasts
My target🎯 is 65k+
Stoploss is 58850 only wclb
gold next support level 57460 - 56300??* IM NOT IN FAVOUR TO SHORT INSTEAD WAIT FOR VALUE BUYING AREA*
gold has breached all of its recent support and this fall looks like free fall maybe because of dxy rising
57460 and 56300 will be very important level base on previous trend low to recent high fib retracement of 0.6 and 0.7 golden zones are appearing on exactly on our fair value area
WILL UPDATE FURTHER ON EVERY MAJOR MOVE
