gold mcx or spot update after powel speechgold spot stya abv 2145 looksup side 2152--58--65$ in mcx buy gold 65060@-65090 sl 64966 tgt 65200+++Longby kailashcfa33Updated 5
Gold 65200 resistance if break then 65900 will come 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader0
gold ble 64750 looking profit booking updategold ble 64750 looking profit booking update till 64577--450+++ sell on with sl 64786Shortby kailashcfa33Updated 1
mcx gold abv 64577 crucial updateyess gold mcx abv 64577looks up side move till 64900+++++++ in spot stya abv 2021$ looks 2030-44$ expect ----buy on dipss with sl 64438 or sl 2111$ or let see wht nxt in eveng sessionLongby kailashcfa33Updated 0
gold mcx abv 63950 up side analysisgold mcx abv 63950 up side analysis---- yes breakout find abv 63950 looks 64300-600++++ yes buy on dipsss sl 63777Longby kailashcfa33Updated 0
gold spot or mcx crucial update blw last week rocked lvlgold spot-- last week report tgt valid now add on------ support 2065$ till hold abv mkt up sid eonly 2095-- may be go 2130+++++ if break or sustain blw 2065 dwn side 2061--54$ expect for correction over all looking hot only abv 2065 bull zone buy only any dipssssssssss---- in mcx 63550-580 if stya abv thna nxt up side move 63700-800 or abv 63850 door open to 64600+++++++++ positional buy on dipsss sl 63111 tgt gvn in report -- interday blw 63500 mat be correction expect 63428--377 thna after 63310--270 near-------silver gvn 72300 abv rockeddd will continue-------- more lvl and stuck wrong side stya connect with Longby kailashcfa33Updated 0
gold spot or mcx crucial update after breakoutgold spot stya abv 2052$ in mcx 62700 looks zoom up to 2058--2065 in mcx looks 62900++++++ yes buy on dipssssss sl 62582@Longby kailashcfa33Updated 334
Gold MCX Future Weekly Analysis 4-8 March, for Options Also📊 GOLD 05 APR FUT LEVELS Analysis 🎯 Weekly Range: 1561 ➡️ Buy: 63014.7, Avg Pos: 62830.5 🎯 Buy T1: 64527.7, Buy T2: 65124 ❌ Buyer SL: 62494.37 💰 Sell: 62646.3 🎯 Sell T1: 62598.3, Sell T2: 62002 ❌ Seller SL: 63166.63 Show your support and keep me motivated by boosting and liking! Your encouragement helps me provide daily levels and insights. Let's continue this journey together! 🚀 #Support #Boost #Like #Motivation #GoldAnalysis #GoldTrading #GoldPrice #CommodityAnalysis #CommodityTrading #GoldForecast #GoldCharts #CommodityMarket #TradingGold #GoldInvesting by NumroTrader4
gold silver dedcta bounce updatemcx gold stya abv eveng timne 62380 looks up side 62460--560++++ where support indicate 62255@ usdindex favor in upper side -----silver styaa bv 69800 looks up side 70100-400+++ silver buy on dips after lvl sl 69493 gold sl 6255 support slby kailashcfa33Updated 1
interday-- gold stya blw 62300 dwn wardinterday-- gold stya blw 62300 dwn ward correction 6220=180+++ sell on rise with sl 62386Shortby kailashcfa33Updated 0
Gold | MCX | 28 Feb Timeframe: 2 hour Just a idea As per the gobal news Technical selling pressure observed in gold and silver markets amid a lack of fresh fundamental news. Economic data this week, especially PCE data, could influence gold's trajectory. A weaker inflation reading may encourage a more serious debate on the timing of potential rate cuts, potentially supporting gold. Longby Shalvisharma55
Gold | MCX | 23rd Feb Update When the market opens, watch for the following moves on a 1-hour timeframe: 📌 Bull above: 61893 📌 Bear below: 61828 📌 Gold is indicating a rejection of the supply zone, with a bullish sentiment above 62200 and bearish below 61800. 📌 Will update chart once market is open. by Shalvisharma5Updated 9
Sovereign Gold Bond Scheme 2023-24 Series IVSovereign Gold Bond Scheme 2023-24 Series IV opens:- Sovereign Gold Bonds (SGB) are back, and the first such issue in the calendar year 2024 launches on 12 February 2024. The Reserve Bank of India (RBI) has set the issue price at Rs 6,263 per gram of gold. The public issue will close on 16 February 2024. SGBs applied for under the 2023-2024 Series IV will be issued on 21 February 2024. ============================= What is Sovereign Gold Bond (SGB) & Who is the issuer ? SGBs are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India. ============================= What is the minimum and maximum limit for investment ? The Bonds are issued in denominations of one gram of gold and in multiples thereof. Minimum investment in the Bond shall be one gram with a maximum limit of subscription of 4 kg for individuals, 4 kg for Hindu Undivided Family (HUF) and 20 kg for trusts and similar entities notified by the government from time to time per fiscal year (April – March). In case of joint holding, the limit applies to the first applicant. The annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the secondary market. The ceiling on investment will not include the holdings as collateral by banks and other Financial Institutions ============================= Key details of Sovereign Gold Bonds (SGBs):- 1. Denomination: SGBs are denominated in grams of gold, and investors can buy in multiples of grams. 2. Interest Rate: They offer a fixed rate of interest, typically paid semi-annually. The interest is taxable, and the rate is decided by the government. 3. Tenure: The bonds have a maturity period of 8 years, with an exit option after the 5th year. This allows investors to sell/trade their bonds on stock exchanges. 4. Subscription Periods: SGBs are issued in tranches, and investors can subscribe during specific periods announced by the government. 5. Minimum and Maximum Investment: There is a minimum and maximum limit for investment in SGBs per financial year per individual. 6. Eligibility: Individuals, HUFs, trusts, universities, and charitable institutions are eligible to invest in SGBs. 7. Tradability: SGBs are tradable on stock exchanges, enhancing liquidity. 8. Tax Implications: While the interest is taxable, the capital gains arising on redemption are exempt if held until maturity. ============================= Main differences between Sovereign Gold Bonds (SGBs) and physical gold are:- 1. Form of Investment: - SGBs: They are financial instruments issued by the government and represent ownership of gold in paper form. - Physical Gold: Involves buying and holding actual gold in the form of coins, bars, or jewelry. 2. Interest Earned: - SGBs: Offer a fixed rate of interest, providing an additional income stream to investors. - Physical Gold: Does not generate any interest; its value is dependent solely on market price appreciation. 3. Liquidity: - SGBs: Tradable on stock exchanges, providing liquidity and the option to sell before maturity. - Physical Gold: Selling physical gold can involve additional costs, and liquidity may vary. 4. Storage and Security: - SGBs: No need for physical storage as they exist in electronic form, reducing security concerns. - Physical Gold: Requires safe storage, which may incur additional costs like renting a safety deposit box. 5. Market Price Exposure: - SGBs: The value is linked to the market price of gold, providing exposure to gold price movements. - Physical Gold: Directly impacted by changes in the market price of gold. 6. Tax Implications: - SGBs: Interest income is taxable, but capital gains on redemption are exempt if held until maturity. - Physical Gold: Capital gains tax applies if sold at a profit, and there may be implications for jewelry based on wealth tax. 7. Purity and Quality: - SGBs: Guarantee purity standards as they represent a specific quantity of pure gold. - Physical Gold: Purity and quality can vary, especially in jewelry, and may require assessment. 8. Convenience: - SGBs: Offer ease of buying, selling, and tracking through electronic means. - Physical Gold: Involves physical transactions, potentially requiring visits to dealers or jewelers. Choosing between SGBs and physical gold depends on individual preferences, investment goals, and considerations such as convenience, liquidity, and taxation. ============================= Note:- This is for educational purpose only. Please consult your financial Advisor before investing. It's important to check the latest details and terms with official sources or financial experts before making any investment decisions. We are not SEBI registered.Longby MasterTrader1949X6
gold breakdownhello guys, gold on daily chart is showing signs of breakdown, you can sell here with sl at upper trendline for targets 61640-60100 disclaimer: i have shorted 2 lots on just befor closing todayShortby casualtrader_ctUpdated 6
gold update blw 62300 as per chartgold mcx stya blw 62300 looks slide dwn 6220--180-- thna after 62020 looks dwn only spot gold blw 2028 looks dwn 2022-2016 expect more lvl stya tuned here by kailashcfa33Updated 2
Gold breakout and followed history pattern.As we have talked in past post #DXY is high and after CPI result it has break up side. same for #USDINR #US10Y Till it has chance to more fall and here i have added some supports in this post. you can find your levels and analysis then take trades. More to indian market has looks fall to come soon as it making pattern like that but all game of news and data which can changed anytime. Best of luck. Have a great day.Shortby apstockanalysis1
Gold Price Action#DXY is going up #CrudeOil is going up #USDINR becoming weak Vs #Gold in Indian rupee should be weak or might be seen correction or fall Though on chart looks head and solder type pattern but also looks triangle patter which might give up side breakout. So do you homework before take trade in gold Have a great day!!!Shortby apstockanalysis2
Gold Trade Setup buying bias 62500 this wicked or inverted hammer , let the price run through this liquidity next in middle of somewhere between 62350 - 62500 if there are any FVG imbalance between big candle take trade when it fill the FVG or gaps with stop loss of major swing low and target 62700 book half and rest let it run until it retest 63200Longby Jimmy_Rebello4
GOLD Future Intradayprice follow a trend line and price is respect lower low pattern. Intraday resistance 1: 62251 Intraday resistance 2: 62404 Support :62062 by KaustavHazra6
Gold : A Bullish viewBullish Pennant Pattern is building : If Gold gives a breakout above 63300 then it may touch 70000 n more. If it goes below 61500 then upside will be restricted and a downside fall will start. The Bullish Pennant Pattern: The bullish pennant emerges post an uptrend, forming a small symmetrical triangle (the pennant) during consolidation. This pattern signifies a battle between bulls and bears, ultimately leading to a breakout, usually upward, signifying the continuation of the uptrend. Components of the Bullish Pennant Pattern: An Uptrend:A prerequisite for this pattern, characterized by higher highs and higher lows. A Pennant: A small symmetrical triangle forming after the uptrend, indicating consolidation. A Breakout: The essential phase, marking the continuation of the uptrend, often occurring upwards. Trading the Bullish Pennant Pattern: Psychology Behind Bullish Pennant: A reflection of market consolidation after bullish momentum, highlighting the buyers' dominance. Bullish Pennant vs. Bearish Pennant: Bullish pennants signal uptrend continuations, while bearish pennants suggest downtrend extensions. Bullish Pennant vs. Bull Flag: Bull flags form after sharp rallies, while bullish pennants appear after extended uptrends, marked by converging trendlines. Stop Loss Placement: Consider placing your stop loss at the pennant's resistance line for risk management. Profit Target Setting: Customize your profit target, aligning with the pattern's flagpole height or a conservative approach, harmonizing with your risk management strategy. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.by maneeshaggarwal1
gold spot or mcx brief analysis upcoming fed ratetoday fed results--- expect no change in rates so mkt will continue with trend-- eys on 2028$ if stya blw thna expect dwn 2022--2018 or blw 2016 than nxt move 2004$ in mcx 62300 eys on stya blw will take dwn 62220--128-- than after 61900+++++ where hurdel 2040$ if sustain abv than nxt up side 2050--2065$ in mcx 62600 stya abv than nxt up side 62720--800 than after 63000+++ possible by kailashcfa33Updated 0
gold aprail or spot update blw gold spot blw 2031$ looks dwn fall till2028--2022$ usd index looking bull abv 103.30 till 103.50--103.80gold blw 62500 looks dwn fall only sell on rise with tight sl 62559 tgt 62380--300+++++Shortby kailashcfa33Updated 2
🦋 butterfly pattern in goldgold is making nearly perfect butterfly pattern to be bullish in itLongby similarMaster60296118