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
GOLDBEES trade ideas
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.
this analysis is for learning purpose only.
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
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 trade if and when the markets correct atleast while gold is ripping higher.
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.
Long on goldbees with conditionBuy goldbess till it's below 44, according to your risk & portfolio prportion.
Rebalance on mind...In next 2~5 weeks we can get good opportunity to rebalance. Gold to equity will be good bet.
+22% divergence seen since october 21
Goldbees taking support and moving up!!The stock price is now moving steadily upwards since it took EMA 100 as a major support. Expected targets shown on chart
Buy Goldbees for the long runStart Buying Goldbees as you wont get it at the current levels after 1 Jan 2023. The Chart is very clearly depicting a strong Bullish Upmove on Gold.
It could be due to high inflation or it could be due to rising commodity prices or it may be due to Government printing money. Whatever the reason is look at Rate of Change indicator below. The Roc is depicting that there is a clear breakout and the Current prices are above 6M 12M 24M & 36M EMA.
Goldbees weekly chart- Can have move on either sideGoldbees consolidating in a tight box and a triangle since Jun'21. Can give a big move either side now. Looking at PA, i can look at an upmove.
Nifty GOLDBEES◾goldbees is consolidating in a narrow range between two trend lines in black color
◾Buy goldbees @CMP
◾If it give close below the lower black trend line on weekly basis...Then exit
◾Risk reward + safety is very favourable
Triangle breakout in Gold. Gold has been forming a Triangle pattern. We got a breakout few days back. Target 44.
GOLD looking good , if anyone want can bet on GOLDBEES GOLD looking good , if anyone want can bet on GOLDBEES , weekly trend line breakout
Gold will be trending upward with Cryptos gonig down, Gold and Silver will be showing upward movement.
GOLD LONGEnter in GOLDBEES between 42 and 40....wait for reversal with volume on lower TF........ No sl as it was for investment purpose....... Immediate target for swing traders will be around 49,53.5 and long term above 60+ easily......levels are marked........ best buy if goes around 35
