sell gold 57720 sl 849 tgt 610--580+++++sell gold 57720 sl 849 tgt 610--580+++++ yes looking dwn side bwl 1860 ssell on rise loks dwn 1853--48
GD1! trade ideas
Gold Bearish trendGold can fall to the level of 56097 with a small resistance at 56815 in the short term. Short term is negative on Gold and can wait for level 56000 to buy if it consolidates at this level. Otherwise buying can be seen only at 55000 level in short term as of now. This is for the short term and will wait in case further downside is seen even after reaching the 55000 level in the short term.
Overall sentiment in gold is negative, good news related to the share market or positive in the IT/Banking sector will have a further negative impact as buying in stocks will emerge after a long downward trend.
GOLD MCXGOLD is in bullish mood
Symmetrical triangle Pattern
Time frame for analysis - 4 hr
Strong bullish candles found inside the triangle
T1- 59262
T2 - 59656
SL- 58770
This chart is only for educational purpose do your study before taking any trades
gold pot or mcx cruial update blw after mleted like icedid u see gold bwl 1913 hit 1880$ ow eys on 1875 if stya blw or cls blw 2days will see 1850--36$ where uper hurdel 1913$ abv only mkt bull zone-- in mcx 57700 hit or dec 58380 hit now eys on 58300 stya blw or close blw 2days dec contrcat will see 58000--57800++++ first eys on lvl
GoldTriangle breakout may take bullish breakout.
it may give fresh ATH from here.
good consolidation done recently
GOLD - INTRADAY UPDATE - 28 SEPGold is expected to take a bounce from the 57500 support level.
If gold fails to sustain above 57500, it could fall to touch 57250.
The fall in gold is due to a stronger US dollar, higher treasury yields, and the upcoming US Federal Reserve rate decision.
Analysis
Gold has been falling in recent days due to a number of factors, including a stronger US dollar, higher treasury yields, and the upcoming US Federal Reserve rate decision. A stronger US dollar makes gold more expensive for buyers holding other currencies, while higher treasury yields make gold less attractive as an investment. The US Federal Reserve is expected to raise interest rates at its next meeting, which could further dampen demand for gold.
GOLD MISS LEADING ? AND FOMOThis recent up move is just a pullback
which did not retested out ob
it is heading back to retracement area of 0.7 and 0.5 lvl
but for short time gold is like to hover within 0.5 - 0.7 level (59665 - 59385)
and there after there is resistance above at 60150
cant fit in with good risk to reward for investing or value buying
better to avoid fomo
59970 and 58000 remains out intact buying area with small after this trigger
will update further after new moves
GOLD UPDATE (WEEKLY)Reason for Fall - Due to the strengthening of the US dollar, metals came under pressure.
Technically, a falling wedge pattern is forming, and the market could break out at any time.
Astrologically, market sentiments are upside for the coming sessions, based on current planetary positions and movements.
Next Support between 58000- 57800
GOLD MCX - 21st Sep 2023Gold Mcx
Hammer found near support
Target - 59259
Stop Loss (Closing basis 1hr time frame) - 58670
Risk - 1
Reward - 4
Disclaimer - This chart is only for educational purpose Do your own study before taking any trades
gold spor or mcx interday updategold spot stya abv 1929 thna expected touch 1933-38++++ in mcx 58950 if sustain abv thna looks 59100+++++ where if hold blw 1929 thna again dnw side 1922-19++
GoldTrend analysis is a technique used in technical analysis that attempts to predict future stock price movements based on recently observed trend data. Trend analysis uses historical data, such as price movements and trade volume, to forecast the long-term direction of market sentiment.
Gold This Week Overview till 22nd September
Gold prices are expected to trade in a range of 56,000-58,500 rupees per 10 grams this week, with a downside bias. The US Federal Reserve's commitment to a more aggressive monetary policy stance is likely to weigh on gold prices in the near term. However, gold could find some support from a weaker rupee and rising geopolitical tensions.
If gold reaches between 58600-58500 then we can plan long for +900 points
GOLD - BULLISH OVERVIEW - 1 Hour Timeframe (19th -20th Sep)Technical Explanation:
Gold is currently in an uptrend, as evidenced by the higher highs and higher lows that it has been making. The 59400 level (R1) is a key resistance level that gold needs to break through in order to continue its uptrend. If gold is able to sustain above 59400 (R1), then it will be a bullish signal, and further levels can be expected.
Potential Targets:
If gold breaks through 59400 (R1), then the next potential target is 59800 (R2). If gold is able to break through 59800 (R2), then the next potential target is 60200 (R3).
#gold analysis on 2H time frameYou can't afford to miss this rally.
#gold
Always trade what you see, not what you feel.
Regards,
SG
After very long consolidation gold made bottomAfter very long consolidation gold made bottom
Sign 1 twizzer bottom candle sticks
Sign 2 open= low and closed yesterday's candle decisively
Now I can say that bottom done
It's buy on every dips now
GOLD long setup (check the description)we have captured the down trend since the beinginng on trend change
currently price has breached some fair value area and ob's from medium time frame
as i have captured the big trend personally i wont be shorting instead will wait for my buying zone
58810 and 58665 is new current resistace
58275 and 58120 is the level where price would like wick this level to sweep the liquidity and stop loss of remaining buyers
there after 58090 - 57970 would be the non mitigated old order block where there will be order and we can new buying from this level
57650 to 57875 will be last demand zone for gold where it will be value zone for buyers
gold bearish setup price hovering near high time frame resistance zone
let price pullback to 59520 - 59475
stop loss 59700
target 59050 and 58850
*adjust qty size as per risk or stop loss*
gold mcx or silver crudial updatesell gold 59070--100 sl use must for spot price1926 tgt 58920--750+ silver stya blw 71800 looks dwn fall 71300-71110+++ expect spot blw 22.90 looks dwn 22.70-50
OLD, an technical insight for the coming week 21.08.2023Gold Analysis for the Upcoming Week on MCX, India
Date: 20th August 2023, 18:03 hours
Technical Overview:
Recent Performance: From 8th May to today's date, gold prices have witnessed a significant decline of approximately 5.49%.
Moving Averages: The gold price has recently breached the 50-day moving average, which stands at 58,980. The 200-day moving average looms at 57,586. The cross below the 50-day indicates a bearish momentum in the short term.
Potential Move: If gold price approaches the 200-day moving average of 57,586, there's potential for further downside towards 56,048.
Oscillators: The asset is currently in an oversold condition, which can sometimes indicate a potential rebound. The optimistic signals stand at D: 6.54 and K: 3.21.
MACD: The Moving Average Convergence Divergence (MACD) is still hinting at a bearish scenario, suggesting continued negative momentum.
Fisher & Percentage R: Both indicators are positioned at the lower end, hinting at a potential bearish continuation.
Fibonacci Levels: Post touching a low at the Fibonacci level of 57,653, gold made an upward move and attempted to break above the 0.5 Fibonacci level at 59,751 twice between July and August. However, it failed to sustain this and reversed its direction, breaking past the 0.382 and 0.236 levels. Current trajectory points towards a retest of the 57,653 level.
Target Price for the Week: Considering the above technical factors and absence of any significant strategic updates from the Federal Reserve regarding interest rates, our projected target price for gold in the near term stands at 57,612.
Disclaimer: This analysis does not provide any specific trading or investment recommendation. It is essential to note that the movements in gold prices can be significantly influenced by various macroeconomic factors and announcements from the Federal Reserve. Always consult with a financial advisor before making any investment decision.
Disclosure: We do not have any vested interest in the gold market We may or may or maynot be having positions in the gold. This analysis is purely based on technical indicators and past market data.
Gold Taking formation of triangle patternSome selling is expected in gold
Major support near 58700 followed by 58400/58000
Resistance near 59100.
GOLD VIEW expect Trend Change trww . Trend change dates mentioned on the chart.
Trend change cld be :
from up to dwn or sideways
or dnw to up or sideways
or sideways to up or dwn
gold mcx crucial update blwsell gold 59420@--470 sl 559 tgt 59120 yes gold spot blw 1932 sustain than nxt dwn fall 1925--20+++++ looking sharp correction here trade with sl
