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What’s Next for MCX Gold Guinea Price Trend Forecast

free commodity goldguinea daily tips chart

free commodity goldguinea daily tips chart

MCX Gold Guinea is making a triangle pattern. As per the ADX, the trend is weak and, +DI is above the -DI. That indicates an uptrend ahead. Additionally, 200 MA isn’t broken.

According to DMI & MA, we have chances to see 40260 – 40500+ levels.

But, if you look at the triangle pattern, it seems bearish. We have more chances to see downward (huge selling pressure) if it breaks the support line (dashed). And 50 MA is indicating the same.

Hence, once it breaks the support line, intraday traders can sell for the following targets: 39460 – 39260

Do you want to know where MCX Gold will go? Read Here →

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