MCX Gold has rallied one way from 62000 to 67000 in last 5 weeks without any major retracements. Gold is currently respecting a rising channel pattern & currently trading at higher end of this channel pattern. I'm expecting gold to correct and touch bottom of this rising channel. I tried to short gold last week but it went sideways so I had to close. Closed that...
Gold after a good rally consolidate in the form of bullish flag. Now it's time to breakout. Breakout above 66000 target will be 69500-69600 stop loss 65400 A clear uptrend is very likely to begin. Put Stoploss will on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the...
🔸 Entry Points for Selling Gold Timeframe : 4 Hour 📈Technical Analysis - Weekly Observing a rising wedge pattern forming. Gold price sustaining above the wedge, indicating potential downward movement. 🔸Short-Term Analysis Triangle pattern breakout expected. 🔸Below breakout point: 66300. Target: 65800 🔸Above breakout point: 66450. Target: 66800
If, price below 61450 will trigger the liquidity of trades who entered recently because the price have not mitigated the order block below it 61200 and 61100 On the upper side, above 62700 63200 - 63400 - 63800 will be the sellers order block and fair value they will look to sell the remaining levels will be choppy trade level to level
Long side trade has two condition to consider either SWEEP OR RUN on liquidity 1 run >>> price will fall back and mitigate the pending fair value area at 2020 lvl and then run towards 2050 and 2089 as all time high 2 sweep >>> either price trap the weak hands by making a up move and then fall back to fvg area and then go to meet the target of all time high
gold spot crossed 2200 now looks up side 2230--45++++ where support 2185 find only blw may some dwn correction ahead in mcx june gold stya abv 67379 looks up side 67700-68000+++++++ buy on dips sl 67171 use --edu pur--
gold mcx styaa bv 66200 looks 66250--500 expect where gold spot 2176 abv looks2184+++++ support 66100 in spot 2165 stya blw more dwn only
gold chart for long term prospective you can invest to targets orange line .. but your own risk if you want to trade took simple moving average 20 50 200 on chart .
MCX Gold has rallied one way from 62000 to 66000 in last 8 days without any major retracements. This sharp up move can not sustain without a good retracement. Dollar Index is also trading at a major support zone of 102.500 so there's very high chance that we might see a correction very soon. Here's a trading opportunity. GOLD CMP - 65950 I'm taking short...
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MCX Gold Daily Chart Analysis ... target was 66333 and we got an High at 66356 .... See Double Tops in Dec 2023 / Jan 2024 at 64000 levels.... Also see the start of the last swing at 57000 levels.... Happy Trading !!! N.B. Not a finanancial advice to buy or sell. With usual disclaimers as applicable within the reach of this beautiful trading analysis platform....
📊 GOLD 05 APR WEEKLY FUT LEVELS Weekly Range: 800 - Buy at: 65876.4 - Buy Target 1: 66036.4, Target 2: 66342 - Avg. Position: 65782 - Buyer SL: 65609.733 - Sell at: 65687.6 - Sell Target 1: 65047.6, Target 2: 64742 - Seller SL: 65954.267
gold mcx stya blw 65620 looks dwn 65510--428++++ yes sell on rise must with hurdel sl 2165$ lw its dwnn looks or blw 2144 u will see mega correction till 2110+++ more lvl stya tunes with us
gold stya blw 65650 looks dwn fall ahead sell on rise with tight sl 2167$ tgt looks 65510--430
🪙 GOLD 05 JUNE WEEKLY FUT TECHNICAL CHART LEVELS 🎯 Weekly Range: 1992 Points 📉 Buy at: 67089.06 | Average at: 66854.0 🎯 Buy Target 1: 68908.06 | 🎯 Target 2: 69669.0 🛑 Buyer Stoploss: 66425.06 📉 Sell at: 66618.94 🎯 Sell Target 1: 66445.94 | 🎯 Target 2: 65685.0 🛑 Seller Stop-loss: 67282.94 #GoldTrading #GoldPrices #PreciousMetals #CommodityTrading...
Gold looks good expecting to move 70k 72k Disclaimer: No buy sell suggestion , Shared only for learning purpose
gold aprail hold blw 66379 from yesterday now looking short term inter day correction expect 66020--65930+++++ yes today high very crucial if hold blw than also this structure may active again ---one can sell on rise with high sl
after the gap on 21st the buying potential looks faded and we can see a strong rejection then we have 4h bearish fvg and then filtered with 15mn another bearish fvg which is at the level of 66400 could be the selling or short limit with sl of 66800 and target of 65200 and second target at 64400