The Super Bullish Gold Bullion :) :) :)Back on Aug 30, we had indicated that Gold is turning to Bullish mode and 1st target is 2280. Today Gold made a new ATH of 2265 - just kissing distance from 1st Target
Have a look at the monthly chart. Look at the Volume Build up over the past 3-4 years. Cup and Handle BO also confirmed on Monthly
Next targets are 2280, 2550, 3015
Over the weekend, Gold price shot up over Rs. 100 / gm in India, This is not going to be the end. This is just the beginning.
Also remember, Market is making new ATH, Gold is making new ATH. How ??? All these years, Gold and Market had Inverse proportion. When market crashes, Gold rises and vice-versa, but is it still the truth ???
This is the time to let go of Old-school thought process and accept the changing reality. With the introduction of Crypto market the Relationship between Gold and Equity Market was long broken. So, give up your bias and learn to ride the tide irrespective of its side
Disclaimer:
3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading...
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We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side"
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