Gold , Feb'23presenting herewith my idea of gold for current month, this idea must be read with weekly ideas for Feb'23
GSP27X2024 trade ideas
Gold, 10.02.2023publishing herewith my idea about gold using a week chart, gold is now at the low of a important price zone, if closes below it , could try the lower level of below zone in coming days, well also published imp monthly level below earlier, these levels acts as normal resistance or support in day trading but at the closing of month it becomes important
how simple trend lines acted as resistance for gold Publishing herewith my idea about importance of trendlines using gold monthly chart
u will find amazing results by using trendlines
Inside candle and its impact of future candles-08.02.2023publishing herewith my idea about Inside candle by using gold monthly chart, will publish a detailed analysis shortly
Gold, month, 08.06.2023Publishing herewith my idea about gold using Monthly chart, it's my idea only ,use your own discretion
MCX Gold Mini: Tuesday: 07/02/2023#MCX #GoldM (Gold Mini) Evening Session:
Setup: Sell on rise.
An intraday trendline is around the 56900 level (as of now).
If it's broken, then it can fall another 50 rs easily.
Upside, it will face resistances around 57075, 57150-160 level.
OI Data (22nd Fed): Too small to infer anything. 57000-56000 is broder range.
GC1! GOLD futuresBULLISH TREND higher chance can be excepted, after sideway market.
if 100 moving average and Fibonacci level breaks, better stay away from BULL side.
[MCX] Gold Price Action OverviewNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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Gold Support ZoneGold has broken out from the valid trendline and now it may test the same and then bounce back. Levels of 50500-51000 can be good for buying. It will be retest zone for longer term upside.
gold 4hr, 04.02.2023 (weekend)publishing my weekend idea about gold, it was not able to break the next day level as informed during the trading hours
gold 03.02.2023publishing herewith my idea about gold, prices reached a support also lower of a channel
if broken ready for same length candle downside
follow the levels
gold today,03.02.2023publishing my idea of gold , due to sharp increase in world indexes gold fell down
gold 4 hr, 02.02.2023due to rise in international stock market also after reaching important level marked in chart earlier
gold price fell near a support level follow the level, levels are working perfectly
GOLD: ASCENDING TRIANGLE PATTERN MCX:GOLD1!
Gold Ascending Triangle pattern
Analysis marked on chart.
Trade with stoploss to avoid stoploss.
Keep learning,
Happy earning.
Gold day ,02.02.2023Publishing my idea about gold
time frame is day and beyond
next day levels will be provided later
Gold 4h, 01.02.2023Giving my idea about gold, as put my idea of resistance level previous week and support level yesterday, again resistance level yesterday after pullback
price is moving in a channel for me movement is downward but follow the price line
1944.6 is a strong yearly price level also 1944 daily R
gold 4hr 31.01.2023, v2price worked perfectly and took support at the levels already informed in comments
use price lines smartly
Gold 31.03.2023Gold is following channel and sub channel and supported the analysis presented in my early publication
Gold month & beyond
Gold Ready for some correctionrising wedge pattern breakdown .. may see some correction
not sebi registered kindly make your own decision
gold 1 hrgold 1 hour chart is sub part of gold monthly chart
published earlier
so combination of both part is necessary to figure out price
