Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.

Gold in Breakout or Breakdown Zone?

7 sec read


[wp_ad_camp_5]

 
As per 13-13 Wilders moving average channel offset trading system Gold on the EOD chart is in range bound between the support zone 1718 and the resistance zone 1754. Breakout or Breakdown determines the trend direction.

Rajandran R Creator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.

2 Replies to “Gold in Breakout or Breakdown Zone?”

  1. Gold Locked between 1718-1754 on EOD basis. Now the Gold range changes to 1704-1745. Breakout or Breakdown from the range determines the trend direction

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More