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When Will MCX Gold explode?

Short
Gold Futures (MCX:GOLD1!)  
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MCX:GOLD1!   Gold Futures
Fibonacci Support and Resistance Moving Averages Gold mcxgold goldtips freegoldtips mcxgoldtips freemcxgoldtips freemcxtips freecommoditytips freecommoditygoldtips
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fibonacci supportandresistance movingaverage gold mcxgold goldtips freegoldtips mcxgoldtips freemcxgoldtips freemcxtips freecommoditytips freecommoditygoldtips
Main scenario: If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement.

Targets: 46600 - 46000 - 45660 - 45200

Alternative scenario: If gold remains above 0.5, it may try to hit 0.382 (TP: 48260 - 49000+).

So, here hurdle is 47296 for the short-term traders. Intraday traders can play both sides.

And we may see a strong uptrend after hitting the support.

Idées en relation

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PART 2: When Will MCX Gold explode?
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UPDATE: When Will MCX Gold explode? [Profit - INR 210000]
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MCX Gold 2021's Supercycle
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