GOLD SHORT ENTRYGOLD Bearish View.
CMP 75850.
Ready for 75000-74700.
Patten Negated above 76300.
For Educational Purpose only.
Contract highlights
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Gold MCX Future Intraday Technical Analysis for 25 Nov.๐ Unlock the potential with my #Gold Intraday Technical Analysis for 25 November 2024!
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๐ Range Trigger Point: 77,616
๐
Day Range: 734
๐ Long Position
๐น Buy Above: 77,4
Gold upside tradeSo, gold will give an upside trade after a pullback and entry will be at around @74748 and it also act as a strong support.
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Gold Intraday Technical Analysis for 21 Nov.๐ Unlock the potential with my #Gold Intraday Technical Analysis for 21 November 2024!
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๐ Range Trigger Point: 76,034
๐
Day Range: 758
๐ Long Position
๐น Buy Above: 75,8
Gold if break 76150 then buy if break 75400 then sell range Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell T
Gold Short Gap trade.This one is a risky trade. Take a short position on gold at 75750 levels. With SL of 75880 and Targets of 75500 75400. Reason - Just a gap filling trade. ( Hence a risky one )
*Disclaimer - This is Just for educational purpose only please take advice from your financial advisor.
testing the new swing setupHere Gold MCX price is taking rejection from demand zone. If sustains we can see an upmove till Supply Zone .
Lets test this setup.
Gold SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
GOLD for 75K - H&S BreakdownI have already shared GOLD US chart with counts and levels..
This is GOLD MCX.. classic H&S Breakdown in play..
Gold next moveThe current fall in GOLD is Zig-zag in nature.
The fall may continue upto 61.8%
However, this is wave A of Zig-zag. Wave B may lead the Gold price up for some extend. But ultimately it will come to 61.8% forming wave C.
This analysis is based on Elliott Wave theory.
This analysis is for educationa
See all ideasย
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
๏ปฟThe current price of Gold-D Futures is 2,658.4ย USDโ/โAPZ โ it has risen 0.71% in the past 24 hours. Watch Gold-D Futures price in more detail on the chart.
Track more important stats on the Gold-D Futures chart.
The nearest expiration date for Gold-D Futures is Dec 27, 2024.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Gold-D Futures before Dec 27, 2024.
Open interest is the number of contracts held by traders in active positions โ they're not closed or expired. For Gold-D Futures this number is 1.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold-D Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Gold-D Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Gold-D Futures technicals for a more comprehensive analysis.