Buy gold for your Diwali before it hikes to upper circuit… Not for investment purpose just for your Diwali jewelry…
gold currently facing resistance at 47300-47500 and trying to breakout this zone and volume higher than 21 DMA keep this in your radar with SL as support zone
gold running in corrective pattern continues, so may be good reversal after completed this pattern. so can be good buy position at support level as 45900 for long. if price close below 45500, then try to exit form buy at entry point, and wait for good buy position for long at good support level.
Gold Dec Long short term resistance breakout support at 50 Day EMA around 46850 Buy at CMP- 46980 SL- 46750 Target- 47190, 47320 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Gold has possibly completed its complex correction in wave II and now it looks like wave III is unfolding, today it has given breakout from the down sloping resistance trendline, along with macd positive crossover and uptick in daily time frame, other indicators are also giving positive signs of uptrend at breakout point, as wave III unfolds, gold can possibly...
The current trend in XAU/USD seems positive after bouncing off its long-term area of support (1752 – 1763) but gold is likely to struggle to find bullish momentum whilst below 1790 utill it cross and stay their. A break above this area would place buyers in a good position to try and tackle 1800, at which point resistance is likely to be met on the way up to the...
on daily time frame rsi is showing +ve divergence. although market shows -ve for gold but, festive demand and china crisis for energy & realstate might push gold. waiting for one green candle.
CMP: 48982 It's a weekly chart of GOLD Future. Breaking out of a falling wedge.
Yellow metal on MCX may remain volatile, traders can take a short positions. CMP : 46635 at 1:15 (IST) Stop Loss : 46810 Target : 46225 On th October, MCX Gold DEC Contract made a low of ₹ 46477, which is expected to be broken by today or tomorrow amidst a firmer dollar and a rise in US Treasury yields weighed on the precious metal’s appeal. Yellow metal will...
Gold Dec Long Taking support at lower level Hammer candle Buy at CMP- 46700 SL- 46400 Target- 46950, 47100 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Goldmini forms bearish hormonic pattern but not breaks support ...so will wait for breakout either down or upside after only decide the trade
Compression in the Daily Charts and RSI fighting 50
MCX gold has started falling since 1st June, and it's moving under a parallel channel. But this time, it can break out this channel. Why? I will explain it through Elliott wave projection in the next update. In the last trading session, it made a Doji candlestick. And that's a sign of trend change. If gold does not break the crucial level, then it can drop up...
MCX:GOLD1! could see starting of long uptrend. SL- previous week low -on weekly suport. - .618 fibsupport of previous swing low & high -good risk reward please note this is weekly TF. #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Gold Dec Long Flag Pattern Breakout Buy at CMP- 46450 SL- 46190 Target- 46685, 46780, 47030 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Long can be initiated if close is above yesterday's high with SL of yesterday low. On chart it seems that trend is towards downside but on other side of table it may be trying to flush out weak hands. It has broken previous support and close below that also and now it is coming up again.. it may be a bear trap..
Gold is drifting lower quite comfortably. Heading to the Fibo Tgts given previously. Bullish only if it can cross 47XXX
Gold Oct Long Double bottom chart pattern short term trendline breakout Buy at CMP- 45950 SL- 45745go Target- 46130 , 46220, 46335 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.