GOLD MCX:
GOLD MCX has crossed at time highs today (19-Feb-25, Wednesday) and Continue to Rally upwards. There are many reasons for GOLD to head higher, but will mention only Technical view (Via Chart) on GOLD.
Looking at the Technical Chart of GOLD MCX. It can be clearly seen Gold has breached its resent resistance levels of 86300. Till GOLD MCX holds above 86300 Levels one should stay long on the GOLD MCX with stoploss below 86200.
If we look at the GOLD STOP COMEX (CMX) Gold has crossed Resistance level of 2939 and till it holds above 2939 Level one should Stay on the Long Side on GOLD.
GOLD MCX has crossed at time highs today (19-Feb-25, Wednesday) and Continue to Rally upwards. There are many reasons for GOLD to head higher, but will mention only Technical view (Via Chart) on GOLD.
Looking at the Technical Chart of GOLD MCX. It can be clearly seen Gold has breached its resent resistance levels of 86300. Till GOLD MCX holds above 86300 Levels one should stay long on the GOLD MCX with stoploss below 86200.
If we look at the GOLD STOP COMEX (CMX) Gold has crossed Resistance level of 2939 and till it holds above 2939 Level one should Stay on the Long Side on GOLD.
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