RK_Charts

GOLD MCX EDUCATIONAL IDEA

MCX:GOLD1!   Gold Futures
Gold mcx
Descending parallel channel pattern breakout along with good intensity of volume,
along with rsi breakout and directing towards north.
Just to learn or educational purpose
One can go long at breakout with stop loss of breakout candle's low which is pegged at 46854
for targets of 47569, 48111, 48808, and 49558.

This is just a learning purpose idea.

Disclaimer
I am not sebi registered analyst
My studies are for educational purpose only
Consult your financial advisor before trading or investing

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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.