CMP 1210.64
Support: 1140/1174.
As per my analysis, we are in wave b of Wave 4.
If Gold Supported by 1174, I expect to see [1222-1224], 1232, [1241-1244], 1252, 1258, 1270.
As long as Gold Resisted by 1215, I expect to see 1206, 1200, 1196, 1191, 1187 on the downside.
TRADE IDEAS:
Trade Idea 1: Sell at cmp 1210.64 or on Rise, With Max SL 1210.5 for 1206, 1200, 1196, 1191, 1187.
11:40 PM IST: SL Mistyped. SL should have been 1215.5. If you would have read my view correctly, then you would have placed SL Correctly. Sorry. Gold made low 1201.47 as of now.
11:44 PM IST
Trade Idea 2: Buy Gold on Dips between 1200-1187 with Max SL 1173.5 for [1222-1224], 1232, [1241-1244], 1252, 1258, 1270.
TRADE AT YOUR RISK. READ DISCLAIMER BEFORE TRADING.
Support: 1140/1174.
As per my analysis, we are in wave b of Wave 4.
If Gold Supported by 1174, I expect to see [1222-1224], 1232, [1241-1244], 1252, 1258, 1270.
As long as Gold Resisted by 1215, I expect to see 1206, 1200, 1196, 1191, 1187 on the downside.
TRADE IDEAS:
Trade Idea 1: Sell at cmp 1210.64 or on Rise, With Max SL 1210.5 for 1206, 1200, 1196, 1191, 1187.
11:40 PM IST: SL Mistyped. SL should have been 1215.5. If you would have read my view correctly, then you would have placed SL Correctly. Sorry. Gold made low 1201.47 as of now.
11:44 PM IST
Trade Idea 2: Buy Gold on Dips between 1200-1187 with Max SL 1173.5 for [1222-1224], 1232, [1241-1244], 1252, 1258, 1270.
TRADE AT YOUR RISK. READ DISCLAIMER BEFORE TRADING.
