Nifty 50 vs Gold

We counted the same 15 buy and sell setups on both. Taken together, the target came first 40% of the time on Nifty 50 and 33% on Gold. Pattern by pattern, Nifty 50 did better in 12 and Gold in 3.

An average day's range (high to low) over the last 250 daily candles: Nifty 50 0.92%, Gold 2.56%. Gold moves about 2.8 times as much in a normal day, so a stop set by ATR sits further from the entry.

Target first, pattern by pattern

Pattern	Nifty 50	Gold
Stochastic bearish cross	38% of 261	27% of 295
Stochastic bullish cross	42% of 200	36% of 187
MACD bearish cross	41% of 104	35% of 148
RSI overbought drop	31% of 95	24% of 131
MACD bullish cross	38% of 98	39% of 104
EMA 9/21 bearish cross	41% of 91	34% of 105
EMA 9/21 bullish cross	44% of 90	35% of 103
RSI oversold bounce	45% of 67	41% of 59
Fibonacci bounce down	39% of 51	41% of 66
Bearish engulfing	34% of 32	30% of 46
Fibonacci bounce up	40% of 35	30% of 33
Bullish engulfing	50% of 32	30% of 30
Hanging man	31% of 36	36% of 22
Bullish marubozu	42% of 26	25% of 24
Bollinger breakout down	50% of 22	45% of 22

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

Every pattern on Nifty 50 › Every pattern on Gold ›

Questions

Which is better for patterns, Nifty 50 or Gold?

In our count the target came first 40% of the time on Nifty 50 and 33% on Gold, across the same 15 setups. Neither is reliable on its own: most setups hit the stop first on both. Past data, not a forecast.

Which moves more in a day, Nifty 50 or Gold?

Over the last 250 daily candles the average day's range was 0.92% for Nifty 50 and 2.56% for Gold.