Trading Strategies For GOLD in MCX

By | November 28, 2021 4:15 pm

Outlook for the Gold is bullish as rising global inflation, dovish stance of the US Fed on interest rate hike and depreciating Indian National Rupee (INR) against the US Dollar (USD) are already supporting Gold.

MCX GOLD Gann Angle Chart

MCX Gold saw a good upmove but failed to close above the highs.

MCX GOLD Astrology Support and Resistace Line 

MCX Gold  taken SUPPORT at SUN Astro line and saw a bounceback.

MCX GOLD Harmonic Analysis

Bullish harmonic formed price heading towards 52000 TILL HOLDING 48000

GOLD Astro/Gann Trend Change Date

29 Nov  Important Astro date

Weekly Trend Change Level:47524

Weekly Resistance:47743,47961,48181,48400,48621

Weekly Support:47307,47089,46873,46656,46441

Levels Mentioned are for Gold December Future

Category: Gold Gann Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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