MCX GOLD FUTURE: Trading at its Moving ave zone

Oleh CSB68
GOLD FUTURE: Close above 70,000 Likely to trigger a rally towards 70500 + whereas its 200DEMA at 67400 likely to act as a major support.All its DEMA s lie at around 70,000/70500/71000.
verdict: close above 70,000 upward rally is likely to continue
close below 69400-500 its 200 DEMA Support sharp fall is on the cards towards 65000.
trade with levels and pl do not judge or speculate(For educational purpose only)
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian