Gold Futures
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GOLD FUTURES (mcx) update

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price is in side ways phase on medium time frame
which mean on lower time frame price will react as buy on low and sell or rise

the range is 59050 resistance and 58280
currently the price is trading at resistance level

on 15m triangle pattern is forming , which is in between of medium time frame pattern , on medium time frame there is bearish flag so im keeping my bias on sell side
and predicting that price we make breakout from triangle pattern and then form a fake out
and price will try to go back at support of 58500-58250

this is my pov dont trade blindly on it use it as a confluence for your own analysis
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i estimated the fake out from top but price did the opposite fake out on breakdown and back to place of rejection
Chart PatternsgoldpatterngoldpredictiongoldshortsgoldtradingstrategyTrend Analysis

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