MCX Gold Anticipated Happened

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 MCX Gold hourly continuous chart anticipated on 11th Apr 2021


MCX Gold hourly continuous chart anticipated happened on 21st Apr 2021


I had mentioned earlier for MCX Gold that it can move higher from current levels on 11th April 2021. In that article I wrote, "MCX Gold has a support level placed at 46000-45700 levels which can be utilized as a buying opportunity for the level of 48100 over short to medium term."

The yellow metal could not test the mentioned support but achieved the target level- Anticipated Happened.

Here is the link of the previous article of MCX Gold written on 11th April, click on the link

https://www.marketanalysiswithmeghmody.com/2021/04/mcx-gold-elliott-wave-analysis.html

Now it is difficult to know whether the trend will reverse or there will be resumption of the short term trend. 

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