Gold in INR terms touched an all time high this month. The chart patters indicate that an explosive move is going to play out. Cup & Handle also points to a Year end target of Rs 61,000.
WELCOME TO MY PAGE AND FEEL FREE TO LIKE AND SUPPORT IF YOU LOVE WHAT YOU SEE = ) Overall I'm definitely bullish on gold, aside for some small retracements and corrections here and there. I see a strong rebound from the 0.786 level and if that happens, we have a strong support for further bullish momentum for the next week. ITS GOLD TIME! ***Also an interesting...
Good day and welcome to my page, feel free to like and comment if you like what I shared! GOLD SPOT XAUUSD has broken out of the ascending wedge, shooting to 1733 at the moment. For now, we wait for a pullback to the triangle wedge upper line, also coinciding with the 0.618 Fibonacci retracement level @ around 1720-1723 region. A very good LONG/BUY OPPORTUNITY...
WELCOME TO MY PAG AND AS ALWAYS, FEEL FREE TO LIKE AND FOLLOW FOR SUPPORT IF YOU LIKE WHAT YOU SEE = ) I definitely see GOLD going LONG after a short temporary dip to the green support line, if the long time ascending channel holds. (This channel has so far, been very well respected.) Possible LONG opportunities: TP1 @ 1709, TP2 @ 1714, and TP3 @ 1721 Remember...
GOLD (XAUINR) Bullish Reversal. > Buy the breakout when confirmed; Profit Target : 4% < 8% Trade : Breakout