Gold
CMP 55743
With falling INR and rising gold prices at global level, it seems that we’re in a bull run for gold in India.
Prices are just few rupees away from all time highs.
RSI is >60 on all time frames (daily/weekly/monthly) as well as it is IN buy-zone on daily/weekly/monthly MACD .
Let’s see how it goes !
Weekly Chart -GOLD MCX
Disclaimer :This post is just for learning few methods of price-patterns. Views are personal. No buy/sell recommendations. These are probability study methods and chances of success/failure depend upon various factors
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