Gold Futures
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GOLD MCX - Head and Shoulder Pattern ( Bearish) in 1 our Chart

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Gold Futures formed a Head & Shoulder Pattern on the 1 hour chart and given a breakout on the downside with strong volumes, confirming the validity of the pattern and the breakout.

The HNS target comes to Rs.89000 which is good further 3% from the current prices. However the Stop loss is very steep so one can wait for some pullback for entry.

CMP- Rs. 92637
TARGET-Rs. 89000
SL - 94950


Disclaimer: This is not a buy/sell recommendation. For educational purpose only. Kindly consult your financial advisor before entering a trade.
거래청산: 스탑 닿음

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