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Goldfutures

Gold Mini Futures Put and ultimately Callhi as one of my Indian Friends asked me to analyse the Gold August MINI Future i am doing a simple Fibonacci analysis with some Candle stick pattern confluences. we can see a Dark Cloud Cover candle pattern are the Top and then a Head and Shoulder is on the formation which is a sign of a bearish movement and the retrace can be up to the last support which is fib 50% around 47350 Rs and fib 61.8% or 47000 Rs, If the price can Break the current support at 47800 Rs and as it reaches the retrace (Support) area, we can go for a call option and target it at 50000 Rs and second target at 51200 Rs our safe Stop Loss con be at 45480
MCX:GOLDMQ2020
by BitonGroup
GOLD Bullish or Bearish?Here in GOLD, we have consider two possibilities, bullish pattern after the resistance trend line break & bearish in the same trend. It seem to be bullish as it keep on fling continuously and will end at the strong resistance level above. The bearish move is anyhow possible. I HOPE THIS ANALYSIS HAVE GIVEN YOU THE BETTER IDEA FOR TRADING ON GOLD. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
OANDA:XAUUSD
by PiPumer
GOLD Bullish after testing the SupportHere in GOLD it has done a bearish move & now is making the bullish patter in which the fake swipe is possible over the Trend line. The area above @1817 is highly considering from where it can fly. For falling we consider the 1785 area as a testing & it'll fly from there. This Analysis is based on this week only. I HOPE THIS HAS GIVEN YOU AN IDEA TO TRADE ON GOLD. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
OANDA:XAUUSD
by PiPumer