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Mcx Gold Weekly View 20th Mar – 24th Mar

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Last week sell was initiated below 28160 which made low 27907 , did 1st target & later on thursday stoploss meet as gold open gap up after Fed Rate Hike ,buying was initiated above 28340 which made high 28540 resulted in hitting 1st target..

 

Mcx Gold Trend Changing Level 28477

 

Gold Weekly Trading Levels

Buy Above 28600

Target – 28800 / 29000 / 29300

Sell Below 28410

Target – 28200 / 28000 / 27700

 

 

. Please note above mention levels are of Mcx Gold 05th April 2017 contract

. Always trade with stoploss & book partial profit as 1st target reach or trail stoploss

 

NOTE : THESE ARE MY PERSONAL TRADING VIEWS , BEFORE TAKING TRADE KINDLY CONSULT YOUR TRADING ADVISOR & KINDLY SEE DISCLAIMER

 

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About The Author

Divesh Jotwani is an active and full-time trader in the Indian markets. He has spent over 20+ years researching and discovering WD Gann's methods and applying them daily in the markets.