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Join Today (Free): Commodity Tips | Forex Signals

Will MCX Gold Prices Touch 49000?

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free commodity market gold daily chart & trading calls

According to the above chart, gold is playing between the green area. Currently, it’s close to the 50100 level. This level breakout will hit hard on MCX gold prices. And we can see the following target prices in the upcoming days: 49880 – 49500 – 49160

But what will happen if it remains above 50100? My answer is straightforward for you. STOP SELLING! This level can turn off the downtrend, and gold prices will start moving forward.

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MCX Natural Gas – Impulsive Wave Setup

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Free mcx natural gas chart calls

A new impulsive structure has emerged from the low of 265.5in natural gas. Price has accomplished wave (5) and started the zigzag correction at 801.

Currently, Natural gas is forming sub-wave 5 of impulsive wave C. Natural gas has also broken down 200EMA and the base channel of 2 – 4 wave, which signals bearish momentum. It has faced strong support of 515, but the price didn’t respect the level and ended up losing bullish momentum.Continue reading

Commodity Silver’s MOON to EARTH Journey May Start

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Free Forex Silver (XAGUSD) Daily Chart & Signals

XAGUSD investors must fear to 18.305 level. At the current stage, it is strong support.

And if that happens with a breakout, be ready for the 17.00 and 16.00 levels because it’s a very crucial point for short-term investors.

My point is to explain XAGUSD first because it closed at 18.902, and whenever it comes to hit the 18.305 level at that moment, the MCX silver will try to fill the following area (see the chart below).

Free Commodity MCX Silver Daily Chart & Tips
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