GOLDHello & welcome to this analysis
Will Gold continue to surge ahead or is it set for a pullback now.
In this video I have covered the levels for Gold Comex as well as Gold MCX & Gold ETF
All the best
Key stats
About NIP IND ETF GOLD BEES
Home page
Inception date
Mar 8, 2007
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
Nippon Life India Asset Management Ltd. (Invt Mgmt)
ISIN
INF204KB17I5
The Scheme employs an investment approach designed to track the performance of physical gold
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous98.72%
Cash1.28%
GOLDBEES - A LONG MOVEHi folks! I am watching Goldbees. As per my set up, since it has attempted a breakout of 3 months range, the instrument is likely to move up to 71.75 level. Let's see.
Rebalance on mind....We can see very good divergence between gold and nifty jr.
Expecting to do some re-balancing in coming month...
More than 23% gap in returns is good indicator, what we currently have is 31%.
Gold Bees are likely to Go Up|Buy near 60 with stops at 58 TG 66Gold Bees are likely to Go Up|Buy near 60 with stops at 58 TG 66
Buying Opportunity in GOLDBEESGOLDBEES at great valuation.
RSI showing weakness.
Can add in small tranches.
For Long term you can average whenever it falls.
RSI is around 39, hovering around oversold region
gold bees cup and handle patterngold bees formed cup with handle pattern at weekly chart.
it may go upside in upcoming days.
now a days gold rate is going high due to various reason. so, consider gold at every tip.
last year pivot R1 (53.70) is the next support.
this year pivot range 51.70 is another strong support & demand zone
Goldbees - GOld ETF tradeAn interesting trade if the markets decide to cool off.
With several large world economies selling treasuries..they could be shifting to physical gold..
This might make at first an interesting short term trade to 52.45..an if that breaks out then go much higher...
Might be a great contra market tr
Is GOLDBEES resting at 50 EMA before next movementIs GOLDBEES resting at 50 EMA before next movement
Gold in a strong trendExpecting to reach Rs 48 levels. Clearly bullish. Important resistance levels crossed. Target marked in red.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.