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Is MCX Gold’s Bullish Trend Here to Stay?

Free MCX gold chart calls

Did you trade MCX Gold Price action setup?
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Free mcx gold chart callsBEFORE

We had written in the clear words, “If the price closes above the control line, it could potentially reach the following targets: 77660 – 78560 – 79600+.”

Free MCX gold chart callsAFTER

Timeline:

[08 January 2025]

  • 12:00 PM – Price touched the first target of 77,660.

[10 January 2025]

  • 7:00 PM – Price hit the second target of 75,560.

[16 January 2025]

  • 09:15 AM – MCX GOLD made a new high of 79,270, close to our final target of 79600.

Trading theories such as Harmonic Patterns, Price Action, and Elliott Wave Theory optimally project market movements in any adverse market situation. If you had traded this setup, you could have made more than ₹200,000 per lot.

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3 Comments

  1. Your analytical skills have provided us with invaluable insights. Thank you for your meticulous work!

  2. I’m curious if there are any paid subscription plans that offer detailed insights and analysis for the stock market and commodities. I’m looking for options that provide expert guidance, comprehensive market reports, and strategic recommendations specifically for both stocks and commodities. Any suggestions or recommendations would be greatly appreciated!

    Regards,
    Anita S

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