- Gold daily is consolidating in a triangle pattern. Right now price is doing a corrective up move towards the resistance line of the triangle pattern. Clear up or down move will emerge only once price gets out of this triangle pattern.
- see MCX Gold chart below this post.
Hi san
ReplyDeleteSorry came here after long time.
Calculate fibo from high near 29200 low near 28300 and see where gold is moving.
Commenting from cell so not able to post chart.
Tomorrow is expiry of gold
@jigs
ReplyDeleteSorry for the delayed reply. I am seeing this 28300 - 29200 as a broad range and right now price is moving towards the upper end of the range.
@Jigs
ReplyDeleteI am talking about the December contract