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GOLDPETAL1! trade ideas

Gold sell on rise Till 62100 not break 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 hit
MCX:GOLD1!
by JaiPrakashShuklaHarmonicTrader
2
MCX Gold Price Analysis: Key Levels and TargetsFinding a foothold at 61960 , MCX Gold prices hinge on a crucial juncture. A crossover and break today could lead to target prices of 61860 , 61760 , and 61560 . The range of 62360 - 61960 holds paramount significance for day traders, potentially game-changing. Breaking 62360 may pave the way for an attainable target at 62660 , with further implications if this level is breached. Intraday traders are advised to closely monitor the 62360 to 61960 price range for decisive market moves. Stay tuned for more insights.
MCX:GOLD1!
by freestocktips
Gold till 62600 not break sell on rise 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 hit
MCX:GOLD1!
by JaiPrakashShuklaHarmonicTrader
1
#GOLD|| 26 Dec || Intraday setup 🔸Timeframe: 4 hour 🔸Intraday strategy: Neutral 🔸Long time Strategy: Long Following the holiday break, gold has risen, and forecasts anticipate a further increase. Expectations of Federal Reserve interest rate cuts, coupled with lower-than-expected Core PCE index data, are driving investor interest and providing opportunities for gold price growth. If resistance broken next target would be 64000, which might take couple of weeks to achive. Resistance: 63275 Support: 63101
MCX:GOLD1!Long
by Shalvisharma5
#GOLD || 22 Dec || Intraday setup 🔸Timeframe: 1 Day 🔸Strategy: Long Gold's bullish view remains valid as long as it sustains above the resistance level of 62800. However, the bull view would be invalidated if the price falls below 61640. There's a notable probability of rejection from the 62800 level. If there's a trend reversal from this level, I'll provide an update beforehand. Stay tuned for further updates. 📈✨ _____________ 🔸If you understand and support my view give it a thumbs up👍
MCX:GOLD1!Long
by Shalvisharma5
Trade setup for Gols Futures MCXHi all, this analysis would be based on Elliott wave and neowave concept. At 1 day time frame you will see market making terminal pattern (Expanding diagonal)- this also know as expanding wedge which has 5 waves unfolding, each wave further unfold in 3 sub waves. long target for 5th to complete is 73500 Short trade setup ideas when you zoom into 15 min chart market is making impulse move (impulse moves are nothing but imbalances where buyers are aggressive, and they ride the market.) Short buy trade setup buy side:- 61666 Stop loss would be 2 ATR. 1) Target:- 63957 2) targte:- 6447
MCX:GOLD1!Long
by Sanjay_1206
1
Gold Poised for Downside Breakout as Bearish AB=CD Pattern TakesGold prices are hovering near 62,064 INR, trapped within a bearish AB=CD pattern that could trigger a further decline in the near future. The pattern's completion at the 161.8% Fibonacci extension level suggests a potential downside target of 59,325 INR. However, a break above the pattern's upper trendline at 63,000 INR could invalidate the bearish bias and open the door for a move towards 64,000 INR. Keep an eye on key technical indicators like the RSI and MACD for confirmation of the bearish trend or signs of a potential reversal. gold, gold price, gold analysis, AB=CD pattern, Fibonacci retracement, bearish, technical analysis, TradingView Disclaimer: I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
MCX:GOLD1!Short
by TRADING-NASA