Technical Analysis - Potential Cup and Handle Formation Timeframe: 1 Hour Pattern: Cup and Handle (developing) Buy Zone: 72400 - 72500 Target Zones: 72800, 73000, 73200 Rationale: The chart appears to be forming a cup and handle pattern. The cup is a U-shaped price movement that indicates a period of consolidation after a price increase. The handle is a...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
📊 Gold MCX June Future Weekly Chart Technical Analysis 6-10 May, 2024 🎯 Weekly Movement Point: 70745 🎯 Weekly Range in Points: 1597 📉 Buy Above: 71140 📉 Average At: 70952 🎯 Buy Target 1: 71732 🎯 Buy Target 2: 72342 🛑 Buyer Stoploss: 70608 📉 Sale Below: 70763 🎯 Sale Target 1: 69758 🎯 Sale Target 2: 69148 🛑 Seller Stoploss: 71295 🙏 Humble Begging: Hey there!...
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups...
After Consolidation Gold has respected 70300-350. Now it is moving upward to retouch Previous high 73958 or higher. Buy here with stop loss 70300 target 73950. Put Stoploss on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series NOTE : I am not SEBI...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions SL 1Hr candle close only, Target Trigger Price
Gold was taking a breath on last two weeks. This is unlikely to be a signal for a continued downtrend. More upper levels are expected.
📊 Gold MCX Future Technical Chart Analysis 📅 5 June Future 🎯 Range Point: 71500 🎯 Weekly Range: 2093 📉 Buy Above: 71495 📉 Average At: 71249 🎯 Buy Target 1: 72793 🎯 Buy Target 2: 73593 🛑 Buyer Stoploss: 70798 📉 Sale Below: 71002 🎯 Sale Target 1: 70207 🎯 Sale Target 2: 69407 🛑 Seller Stoploss: 71699 Don't forget to reciprocate your love by boosting, following and...
All important thing is mention in charts, it's very simple analysis, please like & shere
update views-- gold spot abv 2347 looks upside 2355--2358 than after 2375+++ expect today where support 2337 if blw than mkt dwn side possible 2322--2325-- in mcx abv 71630 abv looks mkt 71780--72000 than after 72380-++++++ support indicate 71478 --71500 if break than more dwn side possible
Gold on daily chart price is trading at 71160 level. Having a strong support at 70600, On the upside 71800 will be a resistance zone.
gold spot eys on 2290 if stya blw eveng time thna nxt dwn ward soon 2260--2230+++++++ where hurdl 2325 only stya abv thna looks r turn possible in mcx 70789 abv will u turn possible other than mkt soon 69000++++++
Gold might Consolidate between 71750 - 68500. Be ready to buy in Dips.
Gold did a breakout a couple of weeks ago. it has retraced steeply in the last 2 sessions. it has seen taking strong support at 70819 The long-term view for gold looks positive, and the trend will likely stay intact as the monthly MACD is up. we may see retracement or correction in short term but for long term the view is bullish.
gold spot bwl 2345 blw looks dwn 2332--22 in mcx stya blw 71550 looks dwn fall till 71330--210++++++ where hurdel 2355 or in mcc 71779 only stya abv thna reversal possible one can sell on rise with hurdel sl
#Gold Update | April 2024 Timeframe: 4-hour Gold found support at 71220 and rebounded similarly to the previous week's low. Bullish sentiment prevails above 71630, while a bearish trend is anticipated below 71220. Stay tuned for a potential breakout.
📊 Gold MCX 5 June Future Technical Chart Analysis 🎯 Range Point: 72806 🎯 Weekly Range: 2115 📉 Buy Above: 72507 📉 Average At: 72258 🎯 Buy Targets 1: 74113 🎯 Buy Targets 2: 74921 🛑 Buyer Stoploss: 71802 📉 Sale Below: 72008 🎯 Sale Targets 1: 71499 🎯 Sale Targets 2: 70691 🛑 Seller Stoploss: 72713 Please follow/boost or respond what do you think of this trade. You...