GOLD Breakout possibility of 70000 by April 2024. 10% upside.GOLD Breakout possibility of 70000 by April 2024. 10% upside.
ATH breakout.
SGU1! trade ideas
#GOLD|| 26 Dec || Intraday setup
🔸Timeframe: 4 hour
🔸Intraday strategy: Neutral
🔸Long time Strategy: Long
Following the holiday break, gold has risen, and forecasts anticipate a further increase. Expectations of Federal Reserve interest rate cuts, coupled with lower-than-expected Core PCE index data, are driving investor interest and providing opportunities for gold price growth.
If resistance broken next target would be 64000, which might take couple of weeks to achive.
Resistance: 63275
Support: 63101
gold spot 2065 abv crucial updateeys on 2065 if sustain abv or closed thna nxt rally 2100-2130 soon no if na dbut where support 2030$ for reversal dwn in mcc stya abv 63180 or closed abv 2days thna nxt rally 64000++++++ be alert!!!!!! seller keep eyes on lvl only
#GOLD || 22 Dec || Intraday setup
🔸Timeframe: 1 Day
🔸Strategy: Long
Gold's bullish view remains valid as long as it sustains above the resistance level of 62800. However, the bull view would be invalidated if the price falls below 61640. There's a notable probability of rejection from the 62800 level.
If there's a trend reversal from this level, I'll provide an update beforehand. Stay tuned for further updates. 📈✨
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mcx gold sustain abv 60700 update blwmcx gold sustain abv 60700 than looks up side 60880--940--63000+++ yes where support 62500 only stya blw thna dwn side expect yes gold spot eys on 2047 if styaa bv thna soon 2066$ expect
Trade setup for Gols Futures MCXHi all, this analysis would be based on Elliott wave and neowave concept.
At 1 day time frame you will see market making terminal pattern (Expanding diagonal)- this also know as expanding wedge which has 5 waves unfolding, each wave further unfold in 3 sub waves.
long target for 5th to complete is 73500
Short trade setup ideas
when you zoom into 15 min chart market is making impulse move (impulse moves are nothing but imbalances where buyers are aggressive, and they ride the market.)
Short buy trade setup
buy side:- 61666
Stop loss would be 2 ATR.
1) Target:- 63957
2) targte:- 6447
GOLD - 3% upside possible in next 2-3 weeksGOLD - 3% upside possible in next 2-3 weeks
Hourly CUP Pattern formation in Progress further breakout on it will give other 3% upside ... so expecting 5% upside by Jan end.
Gold Poised for Downside Breakout as Bearish AB=CD Pattern TakesGold prices are hovering near 62,064 INR, trapped within a bearish AB=CD pattern that could trigger a further decline in the near future. The pattern's completion at the 161.8% Fibonacci extension level suggests a potential downside target of 59,325 INR. However, a break above the pattern's upper trendline at 63,000 INR could invalidate the bearish bias and open the door for a move towards 64,000 INR. Keep an eye on key technical indicators like the RSI and MACD for confirmation of the bearish trend or signs of a potential reversal.
gold, gold price, gold analysis, AB=CD pattern, Fibonacci retracement, bearish, technical analysis, TradingView
Disclaimer: I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
#GOLD update || Dec 18📊
Time Frame : 1 DAY
Strategy : SHORT
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RSI is signaling a potential decline in gold prices from the 62200 level, implying that the market may be overextended, and a downward correction could be expected. More details soon.
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GOLD Breakout on Weekly charts suggest 90000+ in 1.5 - 2 Years.GOLD Breakout on Weekly charts suggest 90000+ Targets in 1.5 - 2 Years.
Multiple Chart Patterns breakout seen - Cup & Handle Pattern / Triangle breakout / Channel Bottom formation.
Happy Investing.
SENTIMENT CHANGEDMarket Analysis
NO Exact view on Nifty and Banknifty , so maintain proper stoploss
GOLD SILVER CRUDEOIL look bearish , can test lower level that are discussed in the video...
gold spot blw 1991--90 in mcx 61500 stya blw dnw onlygold spot blw 1991--90 in mcx 61500 stya blw dnw only till 61410--377+++ in gold spot 1986--80---78$ yes looking doule bottom support break dwn thna more dwn expect sl use 61700 in sell side after break support in mcx
gold silver update blw edu pur.sell gold blw 62300 or silver blw 74300 tgt looks 73900-700 gold tgt 61950 -- sl will be 62457 oer 74786
Gold Petal Intraday Prediction Levels for 7 Dec 2023Gold Petal Intraday Prediction Levels for 7 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Gold Mini Futures Intraday Prediction Levels for 7 Dec 2023Gold Mini Futures Intraday Prediction Levels for 7 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/Line or after break down and close below the Support zone/Line.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
gold again blw 62050 sustain looks dwn only till 61770++++gold again blw 62050 sustain looks dwn only till 61770++++ sell on rise with tight sl 62219
gold silver on daily chart looking bear engulf pattern let seegold silver on daily chart looking bear engulf pattern let see clsoing-- if this happen thna more dwn side possible in gold silver may be touch 61560 or silver 74000+++++ already sell gvn with tight sl more lvl stya tuned with us
✨ Gold MCX Future Analysis 05, Dec, 2023Trading Wisdom from Trading Marcos!
📈 Dive into the Intraday Levels for Gold MCX Future on 05.12.2023. 🪙
📊 Contract Details:
Instrument: Gold MCX Future
Contract Month: December Future
Day Range: 1813.00
Trigger Point: 62369.00
📈 Buy Levels:
Buy At: 63370
Add Position: 63157
Buy Target 1: 63489
Buy Target 2: 64182
Standard SL: 63320
Preferred SL: 62933
💰 Sale Levels:
Sale At: 62943
Sale Target 1: 61249
Sale Target 2: 60556
Standard SL: 62893
Preferred SL: 63380
🌟Navigate the Gold market with confidence!
💹 #Gold #MCXFuture #IntradayTrading #LevelsByTradingMarcos #MarketInsights 🚀
COMEX Gold Future Weekly Analysis - 04-08 Dec., 2023 📈 Trade Alert: COMEX Gold Future Position Update! 🌟
🔄 Weekly Outlook: Stay alert to the weekly range of $124.32 for potential market movements.
📅 Weekly Range Trigger Point: $2089.70
📉 Buy at: $2059.68
Target: $2147.98 / $2184
Add one lot at: $2048.55
Stop Loss (Standard): $2018.24
Preferential Stop Loss: $2037.32
📉 Sell at:
Price: $2037.42
Target: $2031.42 / $1995.4
Stop Loss (Standard): $2051.43
Preferential Stop Loss: $2059.78
💡 Trade Strategy:
Take advantage of the Gold market! We recommend a buy position at $2059.68 with a target range of $2147.98/$2184. Consider adding one lot at $2048.55 for potential gains. Manage risks with a standard stop loss at $2018.24 and a preferential stop loss at $2037.32.
For the sell position at $2037.42, target the range of $2031.42/$1995.4. Utilize a standard stop loss at $2051.43, with a preferential stop loss at $2059.78 to protect your investment.
🚨 Risk Management is Key:
Always prioritize risk management and trade responsibly. Market conditions can change, so stay informed and adapt your strategy accordingly.
📈🌟 Happy Trading! 🌟📊
#GoldTrading #MarketUpdate #TradeSmart #Investing101
GOLD | InvestmentBuying some quantity of goldbees
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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Gold Multi Year BrakoutGold Is breaking out strongly after 3 years. In a weekly chart It is breaking out ATH after 3 years.
