MCX gold ... time to rallyMCX gold in falling wedge... and breakout of the wedge will give upside move towards 52000+++
gold doing abc correction and coming out of the wedge will confirm completion of corrective abc wave
views are educational
GO1! trade ideas
Gold for the March 14 2022Im Expecting gold will fall sharply below sell zone due to Head and sholder seen.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels. It is all your own risk.
MCX GOLD BREAKOUT DOWN SIDE MCX Gold Trading 51325 as we said breakout the Trendline happened yesterday ,next move will be down towards 49600 upper side resistance 52000
Gold Gold for the next 10 to 12 Months safe Investment, the overall global economy in a recession phase, a war between Russia and Ukraine
Goldpetal fut looking good for tradeReady for every side when breakout/breakdown is done then we look for that side. current sentiment gold goes down at level 5218 , 5200 .
gold futures monthly chart analysisaccording to harmonic pattern, gold price will hit 55000 in coming months
Gold bullish mode Gold may test again higher level 55000-56000 soon can long near 52500-5200 range for said target.
GOLD WEEKLY ANALYSISGold is done with H&S pattern target & facing resistance in completing rounding bottom pattern. On a weekly Chart , we can spot Shooting star.
GOLD! Start Tightening your StopsGold needs caution now. Commentary On Chart.p>Lease tighten your stops NOW.
GOLD 07-03-2022GOLD 07-03-2022
Monthly Bullish
Weekly Bullish
Daily Bullish
in Monthly Chart
Gold Facing Resistance at Monthly Pivot Point R1 and Camarilla R4
in Weekly Cahrt
Gold Facing Resistance at Weekly Pivot Point R2 and camarila R4
in Daily Chart
Gold Achive All target r1-r2-r3-r4
now a correction or side ways market expecting
Conclusion CPR megnate Activate
Buying zone Created from 50106-52405
Fresh Buying Only when 2 Daily Candle Closed Above 53540
otherwise buy on deep as given in chart
gold gc_$ moving above $2000GC_$ future given a breakout from the triangle pattern
and now moving towards $2050+++
GOLD LONG (A hedge to equity)As equity market are falling, investors always find gold attractive.
Gold will be close to its high, wait for a pullback above its high , for a long position.
Gold will give a good return in 12 - 18 months period,as equity market are struggling.
A perspective by simple observationsA long term view to build a simple and effective approach towards the markets.
Note: This post is about perspective. The timeframe is not of importance here. Similar patterns can be found in every timeframe.
The selection of Gold Chart is a random one
Up coming Trade set up This slow pace down move will likely end with in the Proximity range which is 300 Points or 0.65 % of Volatility
once it reversed its heading towards to 51000+
#GC1! #GOLD #XAUUSDProbable long term elliott wave count on Gold.
Gold may top out in the near future. We have one more wave up on lower time frame charts. Lets see how it goes.
This is for multi-decade view. Don't look at it with Intraday goggles.
MCX Gold's Bullish Mode ActivatedDid you read the 26 Jan 2021 article on Gold?
Article: Don't Get Yourself Into a Bull Trap With MCX Gold
Wherein I have highlighted a strong resistance (SR) which is 49280 . It has broken down on 14 Feb 2022. That indicates the MCX gold uptrend is unfolding here. If it consecutively remains above the SR, we will see the gold price above 51160 - 51740 .
The following indicators have been indicating impending advance:
ADX, DMI, and MA
Watch significant releases or events that may affect the movement of gold, silver, and crude oil.
Tuesday, Feb 22, 2022
19:30 S&P/CS HPI Composite - 20 n.s.a. (YoY) (Dec) - Medium Impact
20:15 Manufacturing, Markit Composite, & Services PMI (Feb) - Medium Impact
20:30 CB Consumer Confidence (Feb) - High Impact
Thursday, Feb 24, 2022
03:00 API Weekly Crude Oil Stock - Medium Impact
19:00 GDP (QoQ) (Q4), and Initial Jobless Claims - High Impact
21:00 Natural Gas Storage - Low Impact
21:30 Crude Oil Inventories - High Impact
22:30 FOMC Member Mester Speaks - Medium Impact
GOLD Futures (Weekly TF)The chart has given a nice breakout from a crucial resistance zone ,can be bought at cmp for Targets of 52100 and 52200.
#PositionalTrade
GOLD the Rising Giant !!!!Gold has finally given the breakout of ascending triangle pattern with RSI breaching above 60 and MACD crossover,
and the target coming for that pattern is of 52000.
I've given this call 1 week earlier, those who have trade my idea have surely
made profit you could check that idea in the related link.
MCX GOLD MINI CHART Study with Ichimoku & FibonacciWelcome All , In this video i will disscuss on MCX GOLD MINI CHART with help of Ichimoku & Fibonacci.
