Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

MCX Gold Resuming its down Trend Again?

44 sec read

MCX Gold Hourly

 
Charts shown here is the intratrend positional Strategy for MCX-Gold Hourly Charts. Strategy is currently in sell mode with Stoploss coming around Rs27270. Reverse your position to longs if MCX Gold manage to break above 27270 and stay above the resistance line on hourly basis.

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8th May After Market Hour Update
MCX Gold Hourly

9th May After Market Hour Update
Charts shown here is the intratrend positional Strategy for MCX-Gold Hourly Charts. Strategy is currently in sell mode with Stoploss coming around Rs27225. Reverse your position to longs if MCX Gold manage to break above 27270 and stay above the resistance line on hourly basis.
MCX Gold Hourly

15th May After Market Hour Update
Charts shown here is the intratrend positional Strategy for MCX-Gold Hourly Charts. Strategy is currently in sell mode with Stoploss coming around Rs27130. Reverse your position to longs if MCX Gold manage to break above 27130 and stay above the resistance line on hourly basis.
MCX Gold Hourly

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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5 Replies to “MCX Gold Resuming its down Trend Again?”

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