Gold flag pattern is broiling to break out. Lets get ready.
Best buy around 49,350 Target - 49,600/49,850 Stop Loss 49,000 * Disclaimer - Trade with your own and comfortable views.
Short Tern target 49,750 Main Stop Loss at 49,020 *Disclaimer : I just shared my view. Please trade with your own and comfortable views.
Resistance 1 : 50,250 Resistance 2 : 50,550 Support 1 : 49,550 Support 2 : 49,200 *Disclaimer : I just shared my view. Please trade with your own and comfortable views.
Gold had pretty good bull run from last two years. After bubble top, it cannot able sustain above the 20 day ema. This siganl for further correction. IF IT BRAKE THE SUPPORT AT 50 THOUSANDS LEVEL, THEN IT OPEN THE DOOR FOR 48000 SUPPORT LEVEL.............. further down Your humble trader Kiran
Resistance 1 : 51,550 Resistance 2 : 51,350 Support 1 : 50,400 Support 2 : 49,900
Buy Gold using four Trend lines yellow,dark yellow, green and red trend lines . Buy at 49010 price or near the green line .Target of 51288 around 4.65% - dark Yellow line. Stop Loss is the red line around 0.2% If it starts breaking the red trend line . You can also take a Short Position when it crosses red line. . Then it can go Down. For risk of 0.2 % there is an...