Current Market Price: 3380
Trend: Bearish Bias
Gold is currently trading around the ₹3380 level, showing signs of downward momentum. Based on current price action and market sentiment, we anticipate a continued bearish move in the near term.
🔻 Bearish Targets:
1st Target: 3350
2nd Target: 3330
Final Target: 3300
These levels align with previous support zones and Fibonacci retracement levels, suggesting a potential move lower if bearish pressure sustains.
🛑 Stop Loss: 3420
To manage risk, a stop-loss is placed at ₹3420—just above a key resistance level—invalidating the bearish scenario if breached.
Trend: Bearish Bias
Gold is currently trading around the ₹3380 level, showing signs of downward momentum. Based on current price action and market sentiment, we anticipate a continued bearish move in the near term.
🔻 Bearish Targets:
1st Target: 3350
2nd Target: 3330
Final Target: 3300
These levels align with previous support zones and Fibonacci retracement levels, suggesting a potential move lower if bearish pressure sustains.
🛑 Stop Loss: 3420
To manage risk, a stop-loss is placed at ₹3420—just above a key resistance level—invalidating the bearish scenario if breached.
Trade closed: target reached
Our Target reached to last TP and secured 800+ pips in sell so we have got ALL TARGET successfully 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.
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.