Gold Short Term Bullish and Fall will ContinueGold MCX Daily Chart Analysis – Expanding Triangle Completion & Major Bearish Outlook
The chart suggests that Gold MCX may be completing a large ABCDE corrective triangle pattern, with price currently approaching the final stages of Wave D before entering the anticipated Wave E decline. The overall
Gold Mini Futures
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MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Related commodities
MCX Gold is attempting a relief bounceMCX Gold is attempting a relief bounce after yesterday's sharp selloff.
Price has reclaimed the short-term moving averages, but the real test lies ahead. The 158,500–160,000 zone remains a strong supply area where sellers previously regained control.
Today's move looks more like short covering tha
MCX Gold is entering a critical short-term zone.MCX Gold is entering a critical short-term zone.
Price has slipped below the short-term moving averages after failing near 160,700 resistance. The rising trendline support is now under pressure, while momentum continues to weaken after the recent sharp rally.
Key levels:
• Resistance: 156,500 → 16
Institution Option Trading Part-2PCR (Put-Call Ratio) – Institutional Trading Strategy
What is PCR?
PCR = Put OI ÷ Call OI
It shows market sentiment of big players in indices like NIFTY 50.
Institutional Psychology
2. How Big Players Use PCR
Retail buys options randomly
Institutions control PCR zones to trap traders
👉 You follo
Database Trading Part-12Positional trading involves holding trades for weeks to months.
Features:
Based on macro trends
Combines technical + fundamental analysis
Lower stress compared to intraday
Scalping
Scalping is ultra-short-term trading where traders make multiple trades in minutes.
Features:
Small profit targets
Gold – Potential Reverse Cup & Handle Breakdown SetupWatching a possible Reverse Cup & Handle formation on Gold, signaling bearish continuation if price confirms the breakdown.
Trade Setup
Entry: 4513
Stop Loss: 4604
Target 1: 4229
Target 2: 4100
Analysis
Price is currently shaping a bearish reversal structure with weakening momentum near resistance
Gold 6H AnalysisCOMEX:GC1! Gold on the 6 Hour Time Frame is currently following a trendline, and the market is trading inside an important zone.
If the price respects the support of the zone, we will look for long opportunities. If the market breaks the zone on the downside, then we can plan for sell-side opportu
Gold’s Last Stand: Safe Haven Demand Ignites at Key Support!MCX GOLD: Bullish Divergence or Bearish Trap? The Technical Breakdown.
Major Support Zone: Price is currently hovering and reacting off a significant horizontal support zone (the blue shaded area) between 146,000 – 148,000. This area has historically acted as a "floor," and buyers are stepping in
Gold Holding Strong Above Key Levels — Trend Still Favors BullsGold Holding Strong Above Key Levels — Trend Still Favors Bulls
Gold continues to display resilience as prices sustain above the crucial support zone near 151500. Despite intermittent volatility, the broader structure remains constructive for bullish continuation as long as price action respects th
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Sorry, this is only available to registered users
MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The nearest expiration date for Gold Mini Futures is Jul 5, 2021.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold Mini Futures before Jul 5, 2021.









