MCX looking good, taking support from previous breakout. Trend looks to be good for accumulation !!
gold after fed rate unchange going to contine up sde gld buyu live level 48400 oct sl put 47900 tgt 48900-49200
Nickel has good resistance at 1,415 per Fibonacci. The buying levels seem around 1,350 to 1,360 levels. Wait for the low and buy on dip is recommended.
Gold has been a consistent performer even when the equity markets faced a bit of headwind. It's now reached an important zone – 23.6% FIB, RSI 60 and 50MA on the Weekly chart. Clearing this level and holding above 50,000 could be pretty important in reclaiming the ATH!
POSITIONAL LONG VIEW IN #COPPER MCX BO RE - TETS CMP 738 & 50 DMA 738 65 HOLD CONTINUOUS 2 DAYS MCX COPPER @ 742 STOP LOSS 725 ON CLBS TARGET 750 762 772 781 793 712 +++ NEW HIGH
DATE: 23/5/2021 INSTRUMENT: GOLD MCX TREND: BUY TIME FRAME: DAY CMP: 48404 BUY ABOVE: 48875 STOP LOSS: 48117 TGT 01: 49699 TGT 02: 49973 TGT 03: 50319 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
MCX bulldex double top formation in 4h chart. sell with sl of 4h high 15157. Breaking 14844 (recent support zone) may fall. Targets are 14670,14575. good luck all
After recovering from the retracement, MCX:GOLD1! is headed towards the trendline resistance. With equities facing some headwings globally, gold might be in focus from a swing/positional pov. Closely monitoring as I'd booked profits approx at current levels a couple of weeks ago. With the 50 weekly MA also approaching soon (48900 levels) it will be interesting...
MCX has given breakout to falling wedge pattern with a strong volume on daily timeframe and is currently retracing back to its support trendline (Earlier Resistance Trendline). Formation of reversal green candle near support line will confirm long entry. It has the potential of reaching the target of 1800 within the next 1-2 months with a stop below 1460 levels.
GOLD COMEX FORMING A DOUBLE BOTTOM PATTERN AND BREAK OUT OF A TREND LINE UPSIDE GIVES A BULLISH DIRECTION WHCH INDICATES A TARGET OF 1961
This metal is in buying pressure currently. Please consider the buying and selling levels and maintain the stop loss while trading. *Disclaimer : I just shares my view. Please trade with your own and comfortable ideas.
#GOLD #MCX is in Downtrend in a parallel channel, wait for breakout.
Silver hourly formed Lower High position. Needs confirmation on 9am to 10am (05.04.2021)with next candles. Once confirmed then downside targets 1000points to 64000.
Guys gold were reach the support but they have breaks it so large sell were occure but they not break so the trend of gold is reversed and they gone to buy trends So do you any trade in gold very carefully
hello everyone sell silver on 68600 target is 67000 1600 points gain chance in swing trading target arrive in 3 to 5 days
MCX Nickel (Mar) will move upside till 1391/1400 above 1383.60 with SL 1377 MCX:NICKEL1!