Gold Mini levels...03/09/2020 (1hr Candle)
I am a beginner This is my first idea Hoping to see price pattern like last time(as indicated in chart) Thanks
BUY ABOVE 53559 - target 55118 SELL BELOW 50441 - target 48882 sell entry can be done near resistance zone with price rejection. buy entry can be done near support zone with strong price rejection.
Gold Mini Levels 1/9/2020...Daily Candle
Gold futures price disparity between India and US
Once it break above yellow trendline we can see upside Targets will be 55 to 58 k
Om Namah Shivay Today tried with Gold after seeing one post. The Gold wave count is simple and does not show any complexity. The recent resistance at 78% is perfect for an up movement. The up movement can take some time in case the leg 4 is sideways. In case the price goes below 78% ( see, the resistance taken is exactly at 78.6%), then we may...
Gold jumping from the support of 50500 is forming a sell pattern to break the support and venture into 49500-48500 region. Selling around 52000-52500 region, we can see drop till 49500.
Bullish Triangle Running – A Classic Scenario for MCX Gold ------------------------------------------------------------------------------------------------------------------------------- Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy,...
Gold MCX has strong Channel Line Support As marked on the above chart and we can see buying resuming in the GOLD MCX, With the Stoploss of 50400 one should Go Long for the Targets of 52000 and 54000 on the upside. Once GOLD MCX Closes above 52500 it May Again Resume its bullish momentum.
Gold can have a daily spike but by the weekend we will see 49000.
Gold if breaks the string support of 51120 then it is bound to test 49500. There is a strong retracement indication of gold before making new highs. The current downward rally may dup till 49500/48000 before making a move up.
1. Bullish Div in 2HR with the retest 2. Wait for a complete channel breakout 3. low risk (yellow support zone) 4. Enter for a good RR!
The price is travelling in the zone. if the zone breakout as in the chart buy or sell can do.
buy gold with day low sl for target t1 and target t2