Gold breakout of this pattern will boom🔥 easy tgt 49000 tgt till jan 65000 trades keep enjoying support game investors literally have gold🔥😅
A break blw the yellow zone could lead to fresh lows.
mcx gold trade in a triangle pattern.. proper analysis and take a trade at your own risk... all details in above chart...
MCX GOLD- H&S Breakout possibility with an attractive Risk Reward
Gold 46728 - Bearishness. Gold has resistance zone at 47951 - 48454. Unless this zone not broken ,shall expect target of 45950.
Watch the video to get an Insight on how to plan a trade set up in Gold in the upcoming sessions!
Long term C&H seen on Gold Futures. 2.5 year support line adds more probability for the bull case. 83% rally possible in next few months. Both Inflation & Deflation story benefits PMs. Break of handle low negates the view.
This analysis is in continuation of my previous analysis on 16 May 2021. For people who are not aware about how to invest in gold 1. There are various Gold ETFs trader in exchange 2. By analyzing the volumes and liquidity one can select and trade accordingly 3. I personally trade SBIGOLD ETF
Gold MINI SWING TRADE CMP 47456 Buy for Target 47900- 48400- 48800- 49000+