There are multiple harmonic patterns in Gold, bullish ones
SL and Target mentioned in the chart
For ones who trade in gold may be a good opportunity
For Traders who trade in the Indian index Nifty / Bank Nifty, they may take a cue from this as Gold and the Indian index are usually inversely proportional.i.e., if gold increases nifty decreases and vice versa
Every analysis is a hypothesis based on certain conditions. If SL condition triggers - hypothesis would be deemed wrong
Happy Trading
MSK
SL and Target mentioned in the chart
For ones who trade in gold may be a good opportunity
For Traders who trade in the Indian index Nifty / Bank Nifty, they may take a cue from this as Gold and the Indian index are usually inversely proportional.i.e., if gold increases nifty decreases and vice versa
Every analysis is a hypothesis based on certain conditions. If SL condition triggers - hypothesis would be deemed wrong
Happy Trading
MSK