Gold premium members bought at 94600 booked at 96650 today How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Gold Futures
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Gold sell on rise will continue on next week ,91200,89500 TargetHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
Gold mcx sell given below 93900 ,922200 Target hit How to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
GOLD MCX - Head and Shoulder Pattern ( Bearish) in 1 our ChartGold Futures formed a Head & Shoulder Pattern on the 1 hour chart and given a breakout on the downside with strong volumes, confirming the validity of the pattern and the breakout.
The HNS target comes to Rs.89000 which is good further 3% from the current prices. However the Stop loss is very steep
Gold Futures Charging at ResistanceHello Traders hope you are fine and doing well. Gold Futures are approaching a breakout above 96100 after strong demand zone defenses. This idea outlines a potential bullish setup awaiting confirmation for a momentum driven move.
Gold Futures (MCX) is currently forming a bullish setup with multiple
Gold sell at 97100 after fed meeting 2500-2700 points fall comeHow to take trades using Harmonic pattern projection Trade setup is explained below :-
Entry : 1st SL point : 0% is recent top or bottom.
Trailing D: 15.1% is work as trailing SL of buy or sell trade if hit then we have to book profit
.If price goes below 2nd D 22.5% to 24.5% range then early
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Sorry, this is only available to registered users
MCX provides data to our registered users only, so to get it you'll need to sign up for a TradingView account.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Gold Futures this number is 15.05 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Gold Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Gold Futures. Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Gold Futures technicals for a more comprehensive analysis.