Gold - Execution Levels for today and tomorrow
Stay tuned and check my previous posts on Gold. Link provided.
Please trade with proper discipline.
Thank you
GSP12X2024 trade ideas
Gold sell mode below 58770 stop 58870 tgt58720 next 58630Intraday wise looking down'side only below 58770 check tgt and and exits
GOLD continue to decline again...GOLD FUTURES (MCX)
continued to decline from the 59900 lvl and has broken the mtf support of 58135
with a gap down
price then retested the support, (as the support breaks it will act as resistance now)
similarly we seen a rejection and price coming back to day low
further if the day low is taken out, we can project the price heading towards its higher time frame demand zone which is around 57650 and 57800 lvl
if youre interested in creating fresh short side pos make sure you follow the lower high and lower low formation as there will be certain bounce when the bearish sign starts fadading
Nice opportunity in gold futureRecently break resistance
Look for pull back if support not break idol for entry long
gold update blwgold stya abv 58680 looks blasttt 58780--850++++++++ buy on dipsss with sl 58525 yes looks fireyy on daily chart abv 1908 looks zoom till 1913--17
sell gold 58420--450 sl 499 tgt 330-220sell gold 58420--450 sl 499 tgt 330-220 u us dollor on highst till 2 week so mkt may be dwnn sell on ries with tight sl
sell gold blw 58420 sl 499 tgt 330--220++ looks now buyer trapedsell gold blw 58420 sl 499 tgt 330--220++ looks now buyer traped in chart due to strong dxy
buy gold 58500--abv sl 391 tgt 622--680buy gold 58500--abv sl 391 tgt 622--680 looks dedcta bounce buy on dipss due to dxy dwn
Mcx gold buy above 58460 stop 58270 tgt1 58580...58750...58900Gold show today strength .. intraday wise possible one side uptrend
gold spot or mcx crucial update blwgold spot eys on 1895 if hold blw thna mkt test dwn 1895--78$ only abv 1903 looks sharp dedcat bounce till 1907--1913$ more in trade hrs-- whre mcx gold esy on 58350-300 if sustain blw or close blw thna looks dwn 58129-57780+++++ yes last history may be repeat-- more update stay tuned with us after lvl sell on rise sl strict use further update stay with us...
Buy Gold above 1920
Gold is taking support at Green Thick Horizonal Line, which is high of the previous swing. Let it retrace fully and time correction be over in 5H Chart. Will test the level of 2040 or more.
Please use other indicators like Williams R%, RSI, SMAs and EMA for proper execution and adhere to risk management.
Disclaimer: The Author of this content is not a Registered Analyst with any of the National or international Regulatory Agencies. Before making any decision, please consult your Financial Advisor. Author in no way will be responsible for any of your profits of losses.
Happy to share. Let's grow together.
gold mcx interday update blwsell gold 58438@-- sl 519 tgt 58339---120 due to dxy move or break blw 1891 looks dwn fall again 1885--78$
buy gold 58605abv sl 549 tgt tgt 58700--740+buy gold 58605abv sl 549 tgt tgt 58700--740+ yes looks dedcta bounce on chart keep tight sl
sell gold blw-850 sl 949 tgt 58670--580sell gold blw-850 sl 949 tgt 58670--580 looks breakout on 4th chart keep tight sl dontmiss 15 aug offer rally more update stya tuned with us
MCX GOLD future (short trade setup)61845 was the HIGH
60,000 to 59,500 has the bearish liquidity side where the price is getting rejected
also from the top to lower time frame lower high i.e. 5700 we got pullback and retraced back to 0.5 of fib zone which is giving selling pressure
the nearest LTF support we have is 58735 and further downfall we can see if this level break will be upto 57650 lvls in the short term gold is getting weak
as per chart pattern we can see double top or M pattern formed on 1h chart
58735 is also the neckline of the pattern which is import level to watch out on gold
sell gold blw 58900 tgt 58760--660sell gold blw 58900 tgt 58760--660 looks dwn fall only dxy on highr trader or break blw 1913 bear zone only sl use must1922@
TRIANGLE PATTERN IN GOLDGold is forming a Traingle Pattern again as seen in chart, if Breakout given we can see a very good move
GOLD SILVER RATIO CHARTThis is a ratio chart ... represents Which one is Outperforming GOLD OR SILVER.
I have used Futures chart reference as ratio . It clearly represents a breakout is likely on the higher side . which means Gold will outperform Silver for some time
resistance are clearly shown for ratio chart.
sell gold 58900@--sl 988 tgt 5810--760sell gold 58900@- sl 988 tgt 5810--760 ppi data showing power so looks profit booking at here
gold spot crucial update blw cpi data aheadeyes on 1913$ if sustain blw thna expect dwn 1903--1894$ if dxy strng backup due to cpi data. or if hold abv 1913 thna mkt again rise on 1927--29$ now all depend on usa cpi data at evening time .in mcx gold stya lw 58900 sustain thna expect 58780--710+++++ or if hold abv 58000 thna again ris eon 59120--200++++ let see eveng time more update stya tuned with us who stuck wrong side tell here at comment box
sell godl 59930--80 sl 59074 tgt 58828--790sell godl 59930--80 sl 59074 tgt 58828--790 bwl 58900 looks dwn ward on interday chart sell on rise
Gold testing trend lineTrading below 40 SMA
Potential downside if closed below the trendline
Volume decline is also visible
