PrashantTaralkar

Gold COMEX Future - Intraday Levels - 11th March 2024

PrashantTaralkar Updated   
COMEX_DL:GC1!   Gold Futures
For your Analysis and Study only

  • Range for positional Trade:- above 2042 we can target for 2439 to 2448
  • Range for Swing Trade:- - above 2042 we can target for 2259 to 2302
  • Range for Intraday :- above 2218 we can expect around 117 to 137 Max points movement below 2151 or 2166 we can expect around 71 to 92 Max points movement

Intraday detailed levels as below.

If Sustain above 2187 then 2203 then 2213 to 2218 above this bullish then 2239 or 2243 or 2247 then 2259 then 2302 then 2336 then 2346 to 2349 then 2355

If Sustain below 2182 then 2166 or 2151 strong level then 2144 to 2141 then 2120 then 2073 to 2069 then 2050

Consider some buffer points in above levels.

Please do your due diligence before trading or investment.

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Comment:
Swing trade range target was 2259 to 2302 made high of 2256.9

Now 2256.9 is a strong level. watch for breakout or reversal.
Comment:
next make or break level is 2391
Comment:
Even though our original target for positional Trade is around 2439 to 2448. This is can true if it breaks above 2419, otherwise it looks like its time for gold to pause the rally or give some correction, so be careful.

hope you all enjoyed the level analysis and was helpful in your study and analysis.
Comment:
Check the High for today .. Prefect 2448.8.. Dot to dot level and this was as per analysis done month ago on 10th March Enjoy All !!
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