First, go and read the MCX Gold’s Wave report!
Click here: MCX Gold Futures: Impulsive structure (1.55L+)
We had written clearly, “Based on the current impulsive structure, the following levels may act as potential upside reference zones if the ongoing trend remains intact: 1,41,900 – 1,47,600 – 1,55,700.”
Yesterday:
04:00 PM: MCX Gold reached the first target of 1,41,900.
If you had traded this setup even for the first target, you could have made more than ₹4,27,300 / lot in this swing setup. Free subscribers can book their profits here. What do you expect more from a free setup?
👉 Can MCX Gold reach its second target 1,47,600 before January-end?
Subscribe to our premium service to get the second target and all real-time updates.
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.
This count was so perfect. As a commodity beginner, I took my first trade in gold, and it ultimately turned out to be profitable. Looking forward to learning more learning from you. Thanks for the amazing work.
Manisha Verma,
Dehradun.
Sir, I exited at 140500. I need to practice more patience.