WEEKLY GOLD MINI WEEKLY GOLD MINI Investment-Patience-BlackCandle-BlueCandle #CatchFallingKnife Note: My personal view not to follow.
GOLDGUINEA1! trade ideas
gold future (gc) near the channel supportgc will be weak if breaks down the channel support 1788-87
and will have strength above 1795-1800
so wait patiently for either levels to break for clear direction
Head and shoulder patternHead and shoulder pattern breakout happened and retested ready to go down side for the given target horizontal line
TREND break out bearishGold broken trend line and retested ready to go down for the given target at support
BEARISH ABCD IN COMEX GOLD IS AHEADIf todays low is low for COMEX GOLD for next few days, we can expect a new low from 1807.7 range.
SL and Targets mentioned in details.
GOOD LUCK
GOLDGUNIA - CURRENT CONTRACTThere was a killing spike downside in Gold and Silver due to the US upbeat job data announcement. However, after the consolidation of 4 hours within 37780 and 37640 range respectively, the trend shows Goldgunia to fall down till 37000 which is very strong support but that will happen only after consolidation towards upper move and rejection from 38100 which is strong resistance for GoldGunia.
NOTE: This is a risky trade to be executed only with strict STOP LOSS.
GOLD NEXT MOVE SELL AND WAIT TILL DOWN ..CHECK THE GRTAPHsell gold and hold for target of 46600-46400 date 16--08-2021
important levels of gold for 16th aug 2021 Disclaimer :- Trading is very risky please analyze the stock by your own and take the trade on your risk. Levels which are provided above are just for a simple idea about the stock and for educational purpose.
gold : make or break levelA head n shoulder pattern is emerged in which if it goes down below 46300 then 3000 point means 43500 it it
goes above 48300 then 51400, 54500
wait for right moment to enter in a trade.
Buy above 48300 sl 46500 tgt 51500, 54500
sell below 46300 sl 47000 tgt 43500
Disclaimer : take proper advice from your financial expert before taking any trade n check your risk management.
Gold Head and Shoulder Pattern - Good short below necklineGold is showing a change in DOW theory
Made a Lower High, so, expecting a Lower Low
Chart pattern seen is Head and Shoulder, if breaks neckline then good short.
Target marked in the chart above.
GOLDM - Possible ReversalCurrently at previous strong support
If holds 46000 den again 48500+ possible
MacD may take some time to turn around
Maybe entry after that
Risk to Reward is good
GoldGold at important support, if it failing to sustain orange line then green chart is good buy level for investments.
Below 46462 and sustains then gold will fall upto 45000 or 44600
🥇 Goldif find reversal then only trade with given Stop loss.
PRZ :- 46577
Stop Loss :- 46360
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Gold upper breakout soon?Gold might see a nice upper breakout since overall bullish sentiments as well, plus a consolidation after a nice bullish move!
