Gold Futures
Short
Mis à jour

GOLD MCX - Head and Shoulder Pattern ( Bearish) in 1 our Chart

139
Gold 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 so one can wait for some pullback for entry.

CMP- Rs. 92637
TARGET-Rs. 89000
SL - 94950


Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
Trade fermée: ordre d’arrêt atteint

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.