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MCX Gold & Gold Spot Price Ready For Another Rally Attempt

  • COMEX Gold Spot In depth Analysis & Research
  • MCX Gold's Trading Tips Based on Darvas Box Formation
free commodity comex gold spot chart signals

free commodity comex gold spot chart signals

COMEX Gold Price Trapped at Control Price

Gold futures preparing to come at $1740 – $1750 – $1760. Day traders must wait for a breakout of the control price line before entering.

The uptrend will end whenever the gold spot price breaks strong support.

free mcx gold 4-hourly chart & tips

Is Gold Going To 45700 Or Higher?

The chart above indicating a clear uptrend continuation. We may see sideways movement before it hits the top of the rectangle.

According to the Darvas box (rectangular formation), MCX gold will move upward gently this week. Hence, intraday traders can jump between the range of 45200 – 45300.

Targets: 45560 – 45680

If gold breaks the bottom of the rectangle, don’t buy. And wait for my next update on the gold.


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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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5 Comments

  1. sir pehla target nahi aya but abhi bhi gold 45380 kareeb chal raha he. hold krlu ya book kardu profit?

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