BuyBuy at cmp 1767 and in dip at 1755 sl 1730 target 1850. Disc : it's not an investment advice to buy or sellLongby TukkaNomist1
My trading style of Triangle patternThe above is the my style of looking into the opportunities in the triangle pattern. Only after good time spent on this pattern will make things easy for you to take this trades. Always . . Take a pattern, spend more time on it, when you get used to it, you will start fall in love with it, when you love it you know about it well !!! That's the magic. Educationby Tradersasi236
GOLD: SHINE AWAYAfter taking support at the 50% Fibonacci retracement level ( ~44000), Gold has shown a definite reversal on the chart. This observation if further strengthen by the momentum indicator- RSI, maintaining stance above the level of 30. On its way uo, Gold is now faced with a two-fold resistance. One, from the 38.2% retracement level of the previous trend and two, the 200 EMA. All in all, 44000 to 47000 will pose some resistance for the metal, however, on the other side lies the possibility of a strong rally upto 52500, easy. The hourly chart really adds to my conviction here. There is evident shift in RSI's range to suit a more bullish trend as indicated by the reversal on the daily chart. For anyone willing to take a long position on the precious metal, 46300 would serve as an appropriate stoploss. CMP- 46975 TARGET- 52500 (+11.7%) STOPLOSS- 46300 (-1.4%) REWARD:RISK- 8.14 Regards, Kavita EXP-Invest.in Longby EXP-Invest-in0
Add GoldGold could break the tough resistance at 4700 and move towards 5200 Disclaimer:- For educational purpose only. Follow for more daily updatesLongby saburism0
Gold and nifty ratiofor future analysis for multi asset review and understand where equity standsby NeoProfitect0
Gold - Channel break expectedPrice after the big up movement falls down considerably to form channel pattern and now one can see that the price reached the support level and moving up strong. Price is expected to break the channel top and move forward as the pandemic getting ready for the second phase !! Gold will be the only option for the investors as the index collapses !!! Longby Tradersasi235
Gold looking for bullish breakoutMCX gold is looking for billish breakout above 47300 on weekly closing basis only. Support made at 44000 which will be respected. Traget 50000 can be easily seenLongby winnersgame110
Gold Mini Last leg of correction PendingLooking at Gold Mini Daily chart it seem Flat corrective wave WXY is near its completion However if it goes to 43300 5th wave of Wav Y will be completed. As till now it is honoring all criteria of WXY correction Wave. Last wave is seems to be of 5 wave structure which started from 51785 level. Reason is wave-1 ended at 48578 and from their wave-2 took retracement at almost 50% upto 49743. and from their wave-3 is exactly at 1.618 of Wave 1 and ended at 44163. If wave Y it would have been 3 wave structure than it should have corrected less than 1.618 of Wave 1. Hence its a 5 wave move . Considering this Now for wave to complete Ideally it should go to 43300 level which is equal to Wave-1 as per the guidelines of Elliot wave. It will be confirmed Now if WAVE-4 doesn't go above 46900 which is almost recent high and falls below the current level than we can say it have followed all guidelines and can expect 43300 levels. Only challenge to above view is RSI is showing Diversion which is a indication of Reversal of trend. Going further from 43300 level we can expect WXY correction wave completed and can expect a move upto 51900 levels with Highest probability on Daily time frame. Please comment on my post. Regards Profitadda-IteindLongby vijayDHAGE0
Gold - Forming Bullish Channel on DailyWe can see that Gold is forming bullish channel on daily and consolidating in it. Not good for equities. Important levels mentioned on chart.by AnalystPranay0
GOLD MINI levels ...12/04/2021 (W candle)😊GOLD MINI levels ...12/04/2021 (W candle)by albnsecurities111
GOLD - FutureWill it break resistance OR again it will test lower support ??? Breaking resistance and sustain above 46600 will forward it till 47750. Above 47800 expect price movement till 49000 Lower support at 45860, Strong support at 44150.by Auroma0
Gold Mini fut CMP 46230 buy @ 46200 - 46100 for Target 46300-Gold Mini fut CMP 46230 buy @ 46200 - 46100 for Target 46300- 46500- 46600-4670++ SL below 46000Longby Bilal_KaziUpdated 0
Gold Longopen==low on daily price crossing 21 dema range consolidation breakout high probabilities to retest resistance Longby QuackStocksUpdated 0
Gold in a crucial level. Watch out! Gold in make or break level. Enter only after the confirmation candle (Weekly). RSI is in the overbought zone!Shortby varunvikraman0
Gold good short candidate.Gold fut cmp 46750 Good resistance around 46700-46900 range Rsi bearish divergence,, Rsi rising wedge breakdown,, Early sign of revers seen,, View gets violated above 46900 on hourly closing basis Good short candidateShortby RUDRA0070
Gold - Next set of movesGold may take support of 61.8% fib around 44600 as well as the trendline and start wave A move expecting a target of greater than 45K in this move. Post which the next wave targets shall be decided. Longby ThegazillionbullUpdated 2
GOLD- My POV The Indicator Used: 1) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback H/Blue Candle: Selling Divergence L/Yellow Candle: Buying Divergence 2) Daily Lines Plots Daily 50 EMA (GREY) & BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 3) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. PANEL 2:by ReeAishw2
COMEX Gold Price Trapped at Control PriceGold futures preparing to come at $1740 - $1750 - $1760 . Day traders must wait for a breakout of the control price line before entering. The uptrend will end whenever the gold spot price breaks strong support.Longby freestocktipsUpdated 9