Hello & welcome to this analysis
Gold at COMEX has formed a bullish Harmonic Gartley pattern in 4hr time frame suggesting a reversal in trend.
As long as it sustains above $3295 it could give a bounce/rally till $ 3345 - 3370 - 3400 - 3450.
Gold at MCX appears to be ending its pullback but due to INR $ fluctuations a bullish Harmonic pattern has not formed. One could look for bullish trades as long as its above 97900 for upside levels of 99400 - 100000 - 101000 - 102500. Keep in mind levels could alter due to forex changes
Overall GOLD is strong and has an upside triangle breakout target of $3700 open as long as it is above $3250 (refer to my earlier view published on Gold in the link)
All the best
Gold at COMEX has formed a bullish Harmonic Gartley pattern in 4hr time frame suggesting a reversal in trend.
As long as it sustains above $3295 it could give a bounce/rally till $ 3345 - 3370 - 3400 - 3450.
Gold at MCX appears to be ending its pullback but due to INR $ fluctuations a bullish Harmonic pattern has not formed. One could look for bullish trades as long as its above 97900 for upside levels of 99400 - 100000 - 101000 - 102500. Keep in mind levels could alter due to forex changes
Overall GOLD is strong and has an upside triangle breakout target of $3700 open as long as it is above $3250 (refer to my earlier view published on Gold in the link)
All the best
Transaction en cours
Near 1st target $3345 MCX 1st target still sometime
Trade fermée: cible de profit atteinte
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
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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.
Online courses on Harmonic Trading Patterns, Ichimoku & Trading Psychology Risk Management
t.co/3mGWp29Xkb
t.co/3mGWp29Xkb
Publications connexes
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.