Gold : Buy above 63360Breakout above 63360 buy above 63360 target will be 70000-70500 stop loss 62000
A Bullish Descending Flag Pattern is about to explode it's energy to throw Gold price very high.
GF101! trade ideas
Going against the trend on Gold (position Trade)after the gap on 21st the buying potential looks faded and we can see a strong rejection
then we have 4h bearish fvg and then filtered with 15mn another bearish fvg
which is at the level of 66400 could be the selling or short limit with sl of 66800 and target of 65200 and second target at 64400
Gold MCX JUNE Future Weekly Technical Chart Analysis 1-5 April🪙 GOLD 05 JUNE WEEKLY FUT TECHNICAL CHART LEVELS
🎯 Weekly Range: 1992 Points
📉 Buy at: 67089.06 | Average at: 66854.0
🎯 Buy Target 1: 68908.06 | 🎯 Target 2: 69669.0
🛑 Buyer Stoploss: 66425.06
📉 Sell at: 66618.94
🎯 Sell Target 1: 66445.94 | 🎯 Target 2: 65685.0
🛑 Seller Stop-loss: 67282.94
#GoldTrading #GoldPrices #PreciousMetals #CommodityTrading #InvestingInGold #MCX #CommoditiesFutures #CommoditiesOptions
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Rally is about to end in MCX GOLD ?MCX Gold has rallied one way from 62000 to 67000 in last 5 weeks without any major retracements.
Gold is currently respecting a rising channel pattern & currently trading at higher end of this channel pattern. I'm expecting gold to correct and touch bottom of this rising channel.
I tried to short gold last week but it went sideways so I had to close. Closed that position in 700-750 rupees in profit.
I am seeing a trading opportunity in gold.
Here's a trading opportunity.
GOLD CMP - 66780
I'm taking short positions in Gold June Future at CMP 67160.
Holding Future short position with Stoploss 67600.
I'm also planning to short MAY 65000 CE positionally which is now trading at 2500-2600.
I'm expecting a correction in Gold very soon.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
GOLD looks strong on chart Gold looks good expecting to move 70k 72k
Disclaimer: No buy sell suggestion , Shared only for learning purpose
#Gold | MCX update: Mar 27
🔸 Entry Points for Selling Gold
Timeframe : 4 Hour
📈Technical Analysis - Weekly
Observing a rising wedge pattern forming.
Gold price sustaining above the wedge, indicating potential downward movement.
🔸Short-Term Analysis
Triangle pattern breakout expected.
🔸Below breakout point: 66300.
Target: 65800
🔸Above breakout point: 66450.
Target: 66800
mcxgold dily chart breakput update edu pur.gold aprail hold blw 66379 from yesterday now looking short term inter day correction expect 66020--65930+++++ yes today high very crucial if hold blw than also this structure may active again ---one can sell on rise with high sl
gold chart for long term prospective gold chart for long term prospective you can invest to targets orange line .. but your own risk if you want to trade took simple moving average 20 50 200 on chart .
#2 GOLD Update - know where to buy and sellIf, price below 61450 will trigger the liquidity of trades who entered recently
because the price have not mitigated the order block below it 61200 and 61100
On the upper side, above 62700
63200 - 63400 - 63800 will be the sellers order block and fair value they will look to sell
the remaining levels will be choppy
trade level to level
Gold Long side trade idea (Liq sweep or run??)Long side trade has two condition to consider
either SWEEP OR RUN on liquidity
1 run >>> price will fall back and mitigate the pending fair value area at 2020 lvl and then run towards 2050 and 2089 as all time high
2 sweep >>> either price trap the weak hands by making a up move and then fall back to fvg area and then go to meet the target of all time high
gold mcx or spot momentum updategold mcx styaa bv 66200 looks 66250--500 expect where gold spot 2176 abv looks2184+++++ support 66100 in spot 2165 stya blw more dwn only
gold spot or mcx update blweys on gold spot 2165 if stya bl thna dwn side 2152--40++++ in mcx stya blw 65900 looks dn fall 85828--777-600++++ hurdel 2176 or in mcx 66377 only abv will rockkkkkkkkkk sell on rise must with tight sl
MCX GOLD - Profit Booking on Cards?MCX Gold has rallied one way from 62000 to 66000 in last 8 days without any major retracements.
This sharp up move can not sustain without a good retracement.
Dollar Index is also trading at a major support zone of 102.500 so there's very high chance that we might see a correction very soon.
Here's a trading opportunity.
GOLD CMP - 65950
I'm taking short position in Gold April Future at CMP 65935.
Will add more position if 66100 comes.
Holding with Stoploss 66300.
I'm expecting minimum 1000 point correction in Gold very soon.
Gold 65000 PE is currently trading at 345. I'm taking some position in it too. I'm expecting it to get double by next week.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
MCX GOLD FUTURES GANN ANALYSIS 19 MARCH 2023....MCX Gold Daily Chart Analysis ... target was 66333 and we got an High at 66356 .... See Double Tops in Dec 2023 / Jan 2024 at 64000 levels.... Also see the start of the last swing at 57000 levels....
Happy Trading !!!
N.B. Not a finanancial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the programme for this opportunity to use it freely to
express our ideas to the community of traders.
gold blw 65620 update ???gold mcx stya blw 65620 looks dwn 65510--428++++ yes sell on rise must with hurdel sl 2165$ lw its dwnn looks or blw 2144 u will see mega correction till 2110+++ more lvl stya tunes with us
Gold MCX Future Weekly Analysis - 18 to 22 Mar 📊 GOLD 05 APR WEEKLY FUT LEVELS
Weekly Range: 800
- Buy at: 65876.4
- Buy Target 1: 66036.4, Target 2: 66342
- Avg. Position: 65782
- Buyer SL: 65609.733
- Sell at: 65687.6
- Sell Target 1: 65047.6, Target 2: 64742
- Seller SL: 65954.267
gold mcx interday updategold stya blw 65650 looks dwn fall ahead sell on rise with tight sl 2167$ tgt looks 65510--430
gold mcx or spot updategold spot styaa bv 2165 looks up side till 2174--80$ expect blw 2160 looks dwn in mcx 65670 abv looks zoom till 65820++++ support 65600@ only blw dwn more lvl stya tuned with us
🪙 #Gold Forex - update 12th March
🕓 Time Frame : 1 HOUR
🔽 Status : Bullish
📆 12.03.2024
➖➖➖➖➖➖
Status:
🔸Gold's Trend: bullish run with a target of $2200 and further potential to reach $2260. This suggests a long-term upward trend.
🔸Support and Resistance: It mentions strong support at the EMA50 (a technical indicator) around $2145 and a potential correction if this breaks.
🔸Here's a possible explanation:
There might be a short-term dip within a larger bullish trend. The market could be experiencing some temporary downward pressure in the 1-hour timeframe, but the overall trend might still be positive.
🔸Remember: Short-term fluctuations are common in any market. This information might be a snapshot of a temporary movement within a larger trend.
🔶 US Gold Future Weekly Chart Analysis 11-15 FebUS Gold Future
Weekly Range: 114.90 Points
💰 Buy at 2159.11
🔄 Add one lot at 2145.55
🎯 Target 1: 2256.51
🎯 Target 2: 2300.40
🔒 Std. SL at 2120.81
🎯 Pref. SL at 2131.89
💲 Sell at 2131.99 with Targets:
🎯 Target 1: 2114.49
🎯 Target 2: 2070.60
🔒 Std. SL at 2152.45
🎯 Pref. SL at 2159.21
🔶 GOLD MCX Weekly Future Analysis 11-15 Feb., 2024🔶 GOLD 05 APR FUT LEVELS
Weekly Range: 2955 Points
💰 Buy at 65227.19
🎯 Buy Target 1 - 67849.19
🎯 Buy Target 2 - 68978
📈 Average Position 64878.50
🛑 Buyer Stoploss - 64242.19
💲 Sell at 64529.81
🎯 Sell Target 1 - 64196.81
🎯 Sell Target 2 - 63068
🛑 Seller Stoploss - 65514.81
gold mcx or spot update after powel speechgold spot stya abv 2145 looksup side 2152--58--65$ in mcx buy gold 65060@-65090 sl 64966 tgt 65200+++
Gold 65200 resistance if break then 65900 will come On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
