GOLD1! MCX....Are you ready???
Sell max gold and silver....
wait TGT1 97800 and 113000 before 7pm....
profit 128900 per lot in next few hours...
SEBI REGISTERED RESEARCH ANALYST....
Gold Petal Futures
Gold Petal Futures forum
GOLD1! MCX....Are you ready???
Sell max gold and silver....
wait TGT1 97800 and 113000 before 7pm....
profit 128900 per lot in next few hours...
SEBI REGISTERED RESEARCH ANALYST....
MGC1! Likely going to be choppy on Monday given the upcoming CPI report on Tuesday. Current forecast expects inflation to rise, meaning delayed rate cuts. Play safe until the report comes out Tuesday, but my money is on a bearish bias for the rest of the week if CPI meets or exceeds expectations. We might have an impulsive break past 3390 this Monday before we head down given recent tariff threats. I won't be chasing any breakouts or breakdowns until Tuesday, trade small and save your capital. Wait for confirmation from the big report this Tuesday.
GC1! 3.169 incoming
MGC1! Going through some drawings for the video tomorrow...
MGC1! Done trading for today. The price action is too risky if you didnt get an excellent entry. In my opinion, as long as we hold support, we will continue climbing. I’ll post a new Idea on sunday so we can catch up with the analysisMGC1! We have a breakout!It is always great to wake up with these surprises.
Price is now attempting to break above HVN resistance, but there is a VP dip creating resistance(FVG).
As long as 3363 holds support, we might have a breakout today.
If we fail, I can see price returning o POC or maybe a bit lower, around 3319.
if price continues climbing, my next target will be 3418, where we might possibly have a break of resistance.
After that I am targeting 3543-3495 zone...
MGC1! Price got rejected by the wedge resistance and is now chopping upwards.I'm suspecting that this is a Wave B of a ABC correction.
Target 1: 3333.8 - 3332.1
Target 2: 3326.2 - 3322.1
I am still holding runners in case price continues up, but I wouldnt be surprised if we have one more dump.
MGC1! Big players are battling it out, sitting on the sidelines for this unless there are clear signs in either direction.MGC1! Price battling at a POC level. I'd prefer for price to break above this POC before any retracement, but if we do have a retracement, that 3320-3318 will be a good support
MGC1! If this count is correct, we could see a retracement back towards 3320.A breakout would change this scenario, but price is struggling at that resistance point
