dikshachangotra

dikshachangotra

As I have said in my previous idea that the price will grow after reaching the support level. On reaching 1.23 level, it has shown a nice correction. Now I expect the price to reach 1.18 and fall to the level of strong support.

dikshachangotra

In 6 August 2020 the gold has made all time high and then began to fall. On reaching the support level of 1764 in 1 Dec. 202 it again rose to the level of 1959 forming a falling wedge. Now the price will rise to the resistance line of 1764 and drop towards the support level of 1620 which will be our target.

dikshachangotra

The price will fall after reaching the resistance level formed in Oct. 2007 and June 2008. There are two targets T1 and T2, either it will touch target1 or target2.

dikshachangotra

After touching the support line, the price is rising towards the resistance levels.

dikshachangotra

The price is consolidating between the strong resistance level and support level. Now it has touched the support line and rise towards the resistance level.

dikshachangotra

Since April 2020 the price has been travelling along upward direction forming strong resistance line. The price has touched this resistance line and fall towards the support line.

dikshachangotra

Price is moving in zig zag way along downward direction, it has reached to the strong support line. Now I expect the price to take correction from this support.

dikshachangotra

The price has a breakout from a Pennat. It will now move towards uptrend.

dikshachangotra

As you can see the price after the breakout from the channel has shown a nice bullish mode but now it has crossed the levels of support zone while making a stable bullish candle. I expect that the price will move more towards uptrend direction. Stop loss should be just below the support levels.

dikshachangotra

The price is consolidating along the channel since April 2020, it has touched the lower trend line of the channel and follow its upper trend again. It has formed the falling wedge and ready to go for bullish trend.

dikshachangotra

The price is about to fall because there is strong resistance line which the point has touched. A s you can see the price is actively moving along the upward position and had breakout from down side, it will take the correction and continue its fall again. Stop loss and profit as shown.

dikshachangotra

The price is having ABC correction and is falling down side. After touching the lower trend line of strong support zone it will move upward side towards resistance level and began to fall again to complete correction wave C.

dikshachangotra

The price is exactly moving along the channel since November 2020. Now it is moving towards the lower trend line to achieve the target.

dikshachangotra

The price has reached a resistance point, its the time to make short position from their because the price is in downward trend. It will come to the support level and make the upward trend again.

dikshachangotra

After a nice downfall, the price is ready to move uptrend therefore following price consolidation along the channel having support level of January 2021.

dikshachangotra

The price is about to form channel again. As you can see that the price is almost moving along the channel but after some excess it again enters into the channel thus following its zig zag movement.

dikshachangotra

After reaching the support level, the price will push towards the resistance level.

dikshachangotra

The price is now in bullish mode, it will touch the strong resistance line.