Excellent opportunities are being created to invest in gold for Excellent opportunities are being created to invest in gold for the long term. Gold has been trading below the trade line for a long time, depending on the candlestick of the day. It is possible now to break this tradeline and go to the upper side.
Parton is making a gold flag based on the candle of the month. It also shows a bullish sign. New purchases from 48500 are likely to yield good returns. Strong support of 45600 and 44000 is seen at the bottom.
gold bay abov:- 48500
tr 1 - 49650
tr 2 - 51600
tr 3 - 52400
tr 4 - 53850
SL - You can apply stop loss at your own risk.
We are not a SEBI registered analyst. This is for educational purposes only. You must consult your financial advisor before you trade. We do not advise you to buy or sell. You can trade at your own risk. We are not responsible for your profit or loss.
Thank you.....
