Although we don't have a proper price of MCX GOLD in trading view, but the charting structure is sufficient to analyse the current market structure of it .
if we look at last two months of gold , September was full of amazing sell-off with the long consolidation of October month , which looks like at it its completion .
consolidation zones: Support- around 37800 zones and Resistance- around 38600 zones.
whichever way the consolidation breaks-out its going to be a good trading opportunity, so currently its time for wait and use the non-trending trading strategies for gold and just wait for break out.
so lets just try to follow and be with the market instead of beating it , so its better if we just wait for the proper confirmation that which side the gold is going to trend now.
if we look at last two months of gold , September was full of amazing sell-off with the long consolidation of October month , which looks like at it its completion .
consolidation zones: Support- around 37800 zones and Resistance- around 38600 zones.
whichever way the consolidation breaks-out its going to be a good trading opportunity, so currently its time for wait and use the non-trending trading strategies for gold and just wait for break out.
so lets just try to follow and be with the market instead of beating it , so its better if we just wait for the proper confirmation that which side the gold is going to trend now.
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。