MCX GOLD Trading Weekly Analysis: A Comprehensive Guide for Traders

By | April 23, 2023 5:31 pm

MCX Gold is one of the most traded commodities in the Indian stock market. As an investor, keeping an eye on the weekly analysis of MCX Gold can help you make informed decisions and maximize your returns. In this article, we will provide a comprehensive analysis of MCX Gold’s weekly trends and patterns, along with tips to help you Trade wisely.The report covers a wide range of topics, including Gann Harmonic and Astro Analysis.

Our comprehensive weekly analysis covers various aspects of MCX GOLD trading, including historical price patterns, technical indicators, and market news. It equips you with the knowledge and information you need to make informed trading decisions, minimize risks, and optimize your profits.

MCX Gold is a commodity that is traded on the Multi Commodity Exchange (MCX) in India. The price of MCX Gold is influenced by a variety of factors, such as global economic conditions, geopolitical tensions, and supply and demand. Understanding these factors and their impact on MCX Gold’s price can help traders make informed decisions.

MCX Gold  price bottomed at 59565 on Friday, after the release of better-than-forecast US S&P Global PMI; and then rebounded to 59810 . The yellow metal dropped Rs 579 from the level it had a week ago, suffering the worst weekly fall since February.

MCX GOLD Gann Angle Chart

MCX Gold has done its target of 1×1 line can see pullback towards 59000-58500

MCX GOLD Astrology Support and Resistance Line 

MCX Gold has reacted from SUN Plannetary resistance line.

MCX GOLD Harmonic Analysis

Price has completed  ABCD pattern   heading towards 59000/58000

GOLD Astro/Gann Trend Change Date

24 April Important time Astro Date 

Weekly Trend Change Level:59666

Weekly Resistance:60000,60350,60666,60999

Weekly Support: 59333,59000,58666,58225

Levels Mentioned are for June Future

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