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COMMODITY TIPS & CHARTS: Gold erasing February gains

  • Gold technical analysis reports with chart
MCX Gold charts tips views

You would like to take position in Gold / Silver then doesn’t listen to what people are saying about the markets. Look at what the markets are saying as a reflection of people who are actually buying and selling. It is a much more reliable guide.

MCX Gold charts tips views

Look at above chart, the March month rally of Gold was very disappointed to buyers. If the gold will hit 50% (support: 27384) and show closes below it then we will certainly see 26140-24780 levels. But seller must keep his eyes open while it touches the support 27384 level because buyers will try to push the gold up. So I would recommend short term seller should start selling in bulk after crossover the 27384 level and meantime they can sell gold (for intraday trading) while it move down from volatile zone.

Buying opportunity will knock the door while gold stay above to volatile zone levels and it can break 28600-29000-29500+ levels!

Note: on my last newsletter, I’ve updated about crude oil, copper & lead targets. I’m very glad to inform those all commodities touched each targets. If you missed it then click here and check it now!

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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6 Comments

  1. Thank you dev sir, your first target of gold was touched to the said level.I want to join your service as soon as possible.

  2. Sir your accuracy of calls are just too good I have to tell you that moneymunch is blessed with accuracy.

  3. Excellent Follow-up of every call recommended by moneymunch. These people are giving complete Enter/Exit/Book Profit SMS of each and every call. By this thing a normal investor can earn good profit. Thanks Mr.dev.

  4. Your commodity Tips are excellent; this is result of pure technical analyses. From the Free Trial itself I realized that moneymunch is the Best Tips provider in India. Hats off to your technical analysis team and now I want to subscribe your service for 1 year.

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