Gold Futures
Largo
Actualizado

GOLD

729
Hello & welcome to this analysis

Gold at COMEX has formed a bullish Harmonic Gartley pattern in 4hr time frame suggesting a reversal in trend.

As long as it sustains above $3295 it could give a bounce/rally till $ 3345 - 3370 - 3400 - 3450.

Gold at MCX appears to be ending its pullback but due to INR $ fluctuations a bullish Harmonic pattern has not formed. One could look for bullish trades as long as its above 97900 for upside levels of 99400 - 100000 - 101000 - 102500. Keep in mind levels could alter due to forex changes

Overall GOLD is strong and has an upside triangle breakout target of $3700 open as long as it is above $3250 (refer to my earlier view published on Gold in the link)

All the best
Operación activa
Near 1st target $3345
MCX 1st target still sometime
Operación cerrada: objetivo alcanzado

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