GOLD/XAUUSD ANALYSIS MARCH 2021

29-MAR-2021

UPDATE 2: Is the down move completed or more to go?

UPDATE 1:

CHECK PREVIOUS ANALYSIS FOR BULLISH SCENARIO.

28-MAR-2021

22-MAR-2021

JUST A TRIAL:

20-MAR-2021

Weekend Analysis. BULL or BEAR?

19-MAR-2021

ANALYSIS 18-MAR-2021

Topped?

ANALYSIS 17-MAR-2021

ANALYSIS 16-MAR-2021

ANALYSIS 09-MAR-2021

Late Update: Where is GOLD going?

ANALYSIS 08-MAR-2021 - HAPPY WOMEN'S DAY 2021!

As long as 1761 resists, my view sell on rise only. Let us see, how the market is going to take it's path.

ANALYSIS 05-MAR-2021

As long as 1805 holds resistance, bearish.

Min target zone reached.

Normal and extension can be 1650, 1626, 1603, 1577.

ANALYSIS 04-MAR-2021

I am with orange count of (03-MAR-2021). Let us see how the market progresses.

ANALYSIS 03-MAR-2021

UPDATE 2: POSSIBLE SCENARIO

NOTE: Still more downside possible.

UPDATE 1:

CMP: 1735; RES: 1805/1877; SUP: 1707

Min target on the downside between 1721-1685 (made low 1707.x)

There are many alternatives exist as of now.

Downside extensions can be 1685-1678, 1649, 1626-1603, 1575 as long as 1805 resists.

Break of 1805, something else might be in play.

As of now, upside can be 1757-1766 max, from where we can see fall towards 1685.

ANALYSIS 02-MAR-2021

Will 1729 hold res for target 1703/1687/81?

ANALYSIS 01-MAR-2021

CMP: 1735; RES: 1816/1875/1959; SUP: 1716

Gold has done normal target for this move between 1732-1716.

Extensions can e 1680, 1649, 1575.

Expecting Reversal from these levels and it may be very big. 

As of now buyers stop 1713 max. My preference SELL ON RISE.