CUP AND HANDLEThis is purely educational purpose .
Dont take any trade on my view .
Still Learning;)
GD1! trade ideas
For short term long goldMacd crossover, falling wedge pattern, Risk Reward in Favour
If you don’t buy keep on eye for study purpose.
Gold LongGold short term view.
if we sustain this trend line, can see 49400 in short term: 3-4 sessions
GOLD Future - CMP: 48784Gold has given Slopping Channel breakout on the daily chart. It has also given CUP-N-Handle pattern breakout. We can expect an uptrend in Gold. Price is likely to move up to 51450 in the mid-term. There is a hardel zone between 51800 to 52500. In the long term, we can expect price movement up 54500.
Gold MCX Analysis | Pure price action #1well on D chart clear breakout done and now consolidating in a range a break from this range will give amazing upside :)
Happy trading :)
GOLD ABOVE THE TREND LINE and ABOVE 70 RSIAS gold above the trend line if continue traded above 1880-1890 level than we expect a move toward 1965
as we see 1878 is the resistance level it test multiple time and came down and now it around that level if traded above we expect good move
RSI ABOVE 70 ALSO GIVE A STRONGE APPROACH TOWARDS MARKET
Cup With Handle in GoldMCX Gold BreakOut from Cup with Handle on 4H and 1D timeframe. Go long with proper risk management.
