GOLD : Asset with strong Momemtum as on 10.01.2025.

[Pavan Vaasudevan-1736476365480]

[Pavan Vaasudevan-1736476365480]

GOLDBEES seems to have completed a good consolidation phase and a decent horizontal count is generated.
(Chart attached).

[Pavan Vaasudevan-1736476365480]

GOLD continues to outperform with a positive close on the weekly chart. Also King's oscillator turning bullish.

[Pavan Vaasudevan-1736476365480]

@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..:-)

[Pavan Vaasudevan-1736476365480]

GOLD-I on 1% PnF chart, Horizontal targets

[Pavan Vaasudevan-1736476365480]

It is been 3 weeks of uptrend and GOLD continues to maintain momentum and relative strength.

And 3rd week of positive close.

[Pavan Vaasudevan-1736476365480]

GOLDBEES still remains as the strongest asset after the BUDGET DAY .

[Pavan Vaasudevan-1736476365480]

GOLDBEES is providing an affordable entry point on 1mt chart 0.1% PnF box size for short term.

[Pavan Vaasudevan-1736476365480]

GOLD futures provide an affordable entry on 1 mt chart 0.05% box size.

[Pavan Vaasudevan-1736476365480]

And the out performance of GOLD continues compared to other asset classes.

[Pavan Vaasudevan-1736476365480]

@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).

The target exceeded and stopped out at 71.55

[Pavan Vaasudevan-1736476365480]

DSmart BUY Triggered.