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MCX Gold Resuming its down Trend Again?

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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

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About Rajandran

Rajandran is a Full time trader and founder of Marketcalls & Co-Founder of Traderscafe, trades mostly using discretionary Trading Concepts like Market Profile, Trading sentimental analysis, building timing models, algorithmic trading models. Instructs professional traders, full time traders & aspiring full time traders. Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma),Metatrader,Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.

Comments

  4. R Gowtham says

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