Although we don't have a proper price of MCX GOLD in trading view, but the charting structure is sufficient to analyse the current market structure of it .
if we look at last two months of gold , September was full of amazing sell-off with the long consolidation of October month , which looks like at it its completion .
consolidation zones: Support- around 37800 zones and Resistance- around 38600 zones.
whichever way the consolidation breaks-out its going to be a good trading opportunity, so currently its time for wait and use the non-trending trading strategies for gold and just wait for break out.
so lets just try to follow and be with the market instead of beating it , so its better if we just wait for the proper confirmation that which side the gold is going to trend now.
if we look at last two months of gold , September was full of amazing sell-off with the long consolidation of October month , which looks like at it its completion .
consolidation zones: Support- around 37800 zones and Resistance- around 38600 zones.
whichever way the consolidation breaks-out its going to be a good trading opportunity, so currently its time for wait and use the non-trending trading strategies for gold and just wait for break out.
so lets just try to follow and be with the market instead of beating it , so its better if we just wait for the proper confirmation that which side the gold is going to trend now.
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。