GOLD : Asset with strong Momemtum as on 10.01.2025.
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GOLDBEES seems to have completed a good consolidation phase and a decent horizontal count is generated.
(Chart attached).
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GOLD continues to outperform with a positive close on the weekly chart. Also King's oscillator turning bullish.
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@Pavan Vaasudevan said in GOLD : Asset with strong Momemtum as on 10.01.2025.:
GOLDBEES seems to have completed a good consolidation phase and a decent horizontal count is generated.
(Chart attached).Playing out as excepted..:-)
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GOLD-I on 1% PnF chart, Horizontal targets
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It is been 3 weeks of uptrend and GOLD continues to maintain momentum and relative strength.
And 3rd week of positive close.
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GOLDBEES still remains as the strongest asset after the BUDGET DAY .
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GOLDBEES is providing an affordable entry point on 1mt chart 0.1% PnF box size for short term.
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GOLD futures provide an affordable entry on 1 mt chart 0.05% box size.
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And the out performance of GOLD continues compared to other asset classes.
