Gold looking bullish in 1HGold is taking support near its support zone and clearly making triangle pattern if it sustain and gave a breakout it will be great opportunity
Entry:-121700
Profit -1:- 122823
Profit -2:- 124220
Stoploss:- 120270
Gold Petal Futures
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Related commodities
[MCX] Gold Short IdeaThe expected short of last time in Gold never triggered as the low never broke.
Now we have an inside bar.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it trig
Gold mcx sell on rise goven until 4160 not break in comex Gold sell on rise recommended until 4160 not break in comex
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is
range if break them profit booking start
Gold Futures MCX-2H — A Possible Double Zigzag at PlayThe decline from 132,294 unfolded into a clean 5-wave impulse, with Wave 3 extending 1.618 × Wave 1 and Wave 5 measuring nearly equal to Wave 1 — a classic Fibonacci rhythm confirming the completion of Wave W at 117,628.
The ongoing rebound appears corrective, unfolding as an A-B-C structure for Wa
Gold 2150 points booked sell on rise until comex not break 4150Gold mcx sel on rise until 4150 not break on comex , today we booked 2150 points profit
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early / Risky entry) : D 13.2% -D 16.1 % is
range if br
Gold today booked 2000 points on sell and 800 points on buy sideGold mcx Sold yesterday at 120900 today booked at 118880 , 2000 points
Again bought at 120100 and booked 120950
How My Harmonic pattern projection Indicator work is explained below :
Recent High or Low :
D-0% is our recent low or high
Profit booking zone ( Early / Risky entry) : D 13.2%
Gold all set for breakout ?Gold 99735 - pattern suggests a breakout in near terms. Volume indicates accumulation and indicator suggests hidden divergence add value to possibilities for a breakout.
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Gold - Book Profits and stay safeprice is nearing 5th wave completion and good change for correction or else mad price moves on either direction
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gold Petal Futures this number is 143.95 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold Petal Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Gold Petal Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Gold Petal Futures technicals for a more comprehensive analysis.