TheGoldenCircle

TheGoldenCircle

This is monthly chart and we can see that 1680 is major support and in last week we have seen that 1700 is Holding well so far. If it keep holding 1700 for next week then we can expect bounce towards 1760-75 from here and if it breakdown this important support then we can see 1680 within one trading session . As it is clear from the chart that 1680 is next...

TheGoldenCircle

In Yesterday trading session we have seen that Gold Tried to Breakout this first resistance but failed now in second attempt if gold able to breakout the first resistance then we can expect good upside move and test towards 1750 is possible after today's data.

TheGoldenCircle

Sharing some Key Levels to watch for Gold , In yesterday trading session we have seen good bounce after Inflation Data but still It is under selling pressure ,Let's see if Gold able to hold on Yesterday low or not.

TheGoldenCircle

1722 Big support if we look on Volume Profile , If Hold we can expect some bounce towards 1750-65 from here and if Not then More decline towards 1700. So we can Look for Buy until this level is safe on intraday basis but if breakdown 1722 then we can look for sell.

TheGoldenCircle

Gold is currently trading in range , we already seen good bounce from the recent Low/Support 1785, We have to wait how Price Behave if it test the marked Zone (High Volume Zone ) 1805 area .If able to hold on this zone then we can think about the buy otherwise more decline/Re-Test possible. **Previous Idea Comes true***

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As this zone is holding well and Gold Tested this zone many times so we can expect decline after breakdown of this zone .

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EURAUD Currently Trading in 4H TF Parallel Channel , Either Wait for Channel Break or Trade within the channel or wait for the channel breakout for Long or Short Position Accordingly.

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Cipla on15 Min Chart

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#tatamotor #nifty

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14500 Target