Gold MCX Future Prediction for 20.11.23 - Trading Marcos Levels

19 Nov 2023

📈 Trading Marcos Intraday Levels: Gold - December Future 🪙

📊 Intraday Insights:

Instrument: MCX Gold Future
Contract Month: December
Intraday Level For: 20 November, 2023
Day Range: 367.00
Trigger Point: 60713.00

📈 Buy Strategy:
Buy At: 60860
Add Position: 60817
Buy Target 1: 60940
Buy Target 2: 61080
Standard SL: 60810
Preferred SL: 60763

💹 Sell Strategy:
Sale At: 60773
Sale Target 1: 60486
Sale Target 2: 60346
Standard SL: 60723
Preferred SL: 60870

🚀 Trading Plan:
Open a buy position at 60860, with an option to add at 60817.
Buy targets set at 60940 and 61080.
For selling, execute positions at 60773 with targets at 60486 and 60346.
Manage risk using standard SL of 50 points and try multiple times else go for preferred stop-loss levels.

📆 Day Range:
Anticipating a day range of 367.00, offering traders ample opportunities within the specified levels.

📉📈 Risk Management:
Utilize stop-loss orders for effective risk management.
Stay informed about market conditions for informed decision-making.

🔄 Disclaimer:
Trading involves risks, and past performance may not predict future results. It's recommended to conduct thorough research or consult with a financial advisor before making trading decisions.

Happy Trading! 📊💰🌟 #Gold #IntradayTrading #DecemberContract #StockMarket #TradingMarcos