AMIT526

A good LOng opportunity ON GOLD

Long
MCX:GOLD1!   Gold Futures
SHORT TERM LONG OPPORTUNITY ON GOLD
REASONS-
1)PRICE TAKING SUPPORT ON SUPPORT ZONE
2)A MORNING STAR PATTERN FORMATION ON DAILY CHART AT SUPPORT
3)50% fiboniacci retracement
4)break and retest of previous swing high on 1 hour chart
5)break of small trendline
6)small head and shoulder formation on hourly chart
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.