In above chart, I’ve highlighted the trading range with blue and red HSR (horizontal support and resistance) lines. Your one mistake can give you huge loss. Read carefully below levels and make your every trade perfect!
Where are the stops?
For MCX traders
Buy stops: 27,244
Sell stops: 26,456
For Comex traders
Buy stops: $1488
Stop sell: $1448
Note: once gold close above 27,244 level then targets will be over 27,608-27,838 and if close below 26,456 then targets will over 25,958-25,670.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Get free MCX ideas, chart setups, and analysis for the upcoming session: Commodity Tips →
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
Disclaimer: The information provided on this website, including but not limited to stock, commodity, and forex trading tips, technical analysis, and research reports, is solely for educational and informational purposes. It should not be considered as financial advice or a recommendation to engage in any trading activity. Trading in stocks, commodities, and forex involves substantial risks, and you should carefully consider your financial situation and consult with a professional advisor before making any trading decisions. Moneymunch.com and its authors do not guarantee the accuracy, completeness, or reliability of the information provided, and shall not be held responsible for any losses or damages incurred as a result of using or relying on such information. Trading in the financial markets is subject to market risks, and past performance is not indicative of future results. By accessing and using this website, you acknowledge and agree to the terms of this disclaimer.