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MGC1! trade ideas

Gold 650 points profit booked on sell 1730 points booked in buy How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!Short
by EquityCommodityMarketJaiPrakas
Gold mcx 84830 Target hit buy given at 83050 1780 points profitHow to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!Long
by EquityCommodityMarketJaiPrakas
Gold mcx holding buy from 83050 , 1000 points profit running How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!Long
by EquityCommodityMarketJaiPrakas
Holding buy trade on gold mcx from 83050 , final Target 84830How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!
by EquityCommodityMarketJaiPrakas
As said yesterday gold will fall , less because Rupee weakHow to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!
by EquityCommodityMarketJaiPrakas
Tarrif will impact negative on gold sell on rise sl recent high How to take trades using Harmonic pattern projection Trade setup is explained below :- 1st D point : 0% is recent top or bottom. 2nd D Point : 13.5% is work as trailing SL of buy or sell trade if hit then we have to book profit .If price goes below 13.5% then early or risky traders can reversal trade , Safe traders can wait for 27% levels break Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!
by EquityCommodityMarketJaiPrakas
1
Gold mcx fall after Budget as expected, tarrif is negative alsoHow to take trades using Harmonic pattern projection Trade setup is explained below :- To take Fresh trade : EARLY etry willl be above/ below 13.5% level . Safe traders can enter above or below 27.3% level Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!Short
by EquityCommodityMarketJaiPrakas
Gold MCX levels avoid buy trade at cmp will fall after BudgetHow to take trades using Harmonic pattern projection Trade setup is explained below :- To take Fresh trade : EARLY etry willl be above/ below 13.5% level . Safe traders can enter above or below 27.3% level Targets : Target T1 is 27.3% if you are taken entry from 13.5% if taken entry from 27.3 then Target T1: 38.2 % level is our 1st Target ( 38.2% if also a reversal zone so if price reverse then we can make fresh entry also). T2: 50% level is our 2nd Target T3: 61.8% to 65 % is our 3rd Target ( This is also reversal zone so we have to book profit at this area and if break then take fresh entry with SL of 2nd Target 50% .) Next Targets are 78.6 % , 88.9 % 100% , 113.5 % , 127.2% , 141.5% and 161.8% to 165%. 161.8 to 165% if profit booking area so book full profit and wait for reversal. How to take reversal trade : If price going upside/ downside then then buy or sell levels appear on Chart ( Automatically show when price reach any reversal zone of harmonic projection pattern based . After showing reversal levels wait for confirmation until 13.5 % or 27 .6 % level not break if break then exit from current buy / sell trade and take fresh reverse trade buy/ sell . Trailing SL: After reach 1st Target trail SL to just above or below cost ( for example we are holding sell trade from 100 1st Target 110 hit then move trailing sl to 104-105 and move SL as price move upside or Downside) Blue Line is 1st support/ Resistance Green line is 2nd support/ resistance Red line is 3rd Support/ resistance
MCX:GOLD1!Short
by EquityCommodityMarketJaiPrakas
Gold long term opportunity - 15% from current priceGold has been travelling in an ascending channel since July 2024, when China started buying in large amounts. It has formed a textbook cup-and-handle pattern by taking support from its previous resistance of 73800, by forming the cup's bottom. Cup and handle range of approx 7.2% might take it to the channel's top, which co-incides with Fib 1.6 level of 84000. When it breaks the channel, the channel's range of 8.5% might take it above Fib 2.6 level of 90000. So far buying opportunities might present itself at following intervals: 78900, when it takes support from the cup and handle resistance 79800, when it takes rejection from Fib 1 level Again at around 80000 when it breaks above the Fib 1 level and takes support from it.
MCX:GOLD1!Long
by anubhav_karanseth
MCX Gold: Elliott Wave Insights on Ascending ChannelTimeframe: Daily MCX Gold has been trading within an ascending parallel channel for over 65 weeks . The value area highlights zones of supply and demand, with the control line exerting a gravitational pull on the current price. Within this structure, there are four zones of no trading activity and two neutral zones. A triangle pattern is forming around the control price, indicating a potential price movement. If the price closes above the control line, it could potentially reach the following targets: 77660 – 78560 – 79600+ . On the other hand, if the price breaks and closes below the strong support level, we may witness a short decline, possibly reaching the lower band of the parallel channel. We will update further information soon.
MCX:GOLD1!
by forextidings
1