On 12-12-2024, i wrote to buy Gold with target of ₹ 80000/- in long term. It is already achieved and present trading near ₹ 80500/- at the time of writing.
I am not seeing much higher side in Gold. Gold can move maximum high to ₹ 82000/- in long term but it has major chance to fall down to ₹ 78000/- first then to ₹ 76000/-. So don't buy and only short at this point and buy to book your profit.
Note
I have view for Short selling in Gold, There is no need to panic.
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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.