TODAY MARKETS

free mcx gold guinea daily chart tips

MCX Gold Guinea’s Downtrend: Is This Just the Beginning?

free mcx gold guinea daily chart tips

MCX Gold Guinea is following a parallel channel since August 2020. Recently, it has touched the support trendline and started moving forward. Will it keep moving? How much? It will keep running for 37600 – 38000 levels.

But according to MA, Gold Guinea should keep falling. And for the following levels: 36800 – 36400 – 36000

Read more


Free commodity mentha oil chart tips

MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’

Free commodity mentha oil chart tips

First, wait for a clear Ascending triangle form. Right now, MCX Mentha oil at the support trendline (rising lower trendline). It will try to hit 964 – 986 – 1000 – 1020 levels from here. Intraday traders can go with the current trend.

But don’t buy below the support trendline. Further information I will update soon for the premium subscriber.

Read more


free commodity copper daily chart tips

Here’s Why MCX Copper Yesterday Moved Down

free commodity copper daily chart tips

LONG-TERM INVESTORS:
Copper has broken March 2020 resistance trendline, and true resistance breakout is a clear signal to buy. Target prices for long-term traders: 760 – 800+

INTRADAY TRADERS:
But at present, MCX copper can pullback to the previous resistance line to continue an uptrend. So, intraday traders can sell for the following targets: 690 – 680 – 676

Read more


free commodity gold chart tips

PART 2 – When Will MCX Gold explode?

free commodity gold chart tipsAs expected, gold has started collapsing after a breakout of the test level. Will it keep falling?

First, click here and read the previous article on gold: When Will MCX Gold explode?

Today’s Gold Chart →

free commodity gold chart tips

I have written in clear words, “If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46860 – 46600 – 46000 – 45660 – 45200“.

Gold has touched the first three targets by making a low of 45861. Profit per lot Rs.2,10,000 [Free Jackpot Call]

Anyway, what next? Gold can take a U-turn from here. This can be up to 46760 levels. Overall, it’s under a downtrend.

Further information I will update soon to the premium members only.

Read more


free commodity gold chart tips

When Will MCX Gold explode?

free commodity gold chart tips

Main scenario: If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement.

Targets: 46860 – 46600 – 46000 – 45660 – 45200

Alternative scenario: If gold remains above 0.5, it may try to hit 0.382 (TP: 48260 – 49000+).

So, here hurdle is 47296 for the short-term traders. Intraday traders can play both sides.

And we may see a strong uptrend after hitting the support.

Read more


free commodity cpo chart tips

MCX CPO – Fifth Wave Rally Is Starting

free commodity cpo chart tips

Main scenario: consider long positions from the control price or support trendline for the target level of 1000 – 1040 – 1080 – 1100 – 1110.

Analysis: Daily time frame – presumably, the crude palm oil has started an Elliott wave and made the 4th wave, and now it’s making a fifth wave. According to EWT, the fifth wave will be completed at 61.8% or 50% of Fib retracement 1+3.

Alternative scenario: breakout and consolidation below the support trendline will allow the CPO to continue declining to the levels of 880 – 760.

Read more


To read all reports from 2009 to 2020 years

PEOPLES LIKES & COMMENTS

Subscribe to The Moneymunch Market Report – COMPLETELY FREE

Is your trading strategies really helping you? If trading were easy then you wouldn’t be here!

HOW WE WORK: Determine the Stock, Commodity & Forex market direction for the nearest future, is it going to go Higher or Lower? And delivered right to your e-mail inbox!

We’re helping over 2.5+Lac investors, money managers, analysts & private investors who read our all emails. What are you waiting for? Join Now by just entering your email address below and click on Subscribe button.


Invested in the right way, in the right place and at right time, even few trades can form the foundation for a secure financial future.
– Moneymunch.com

Trending Topics

Basics of investing and personal finance

Recommended Reading

Information on Elliott waves trading analysis:

18

Full information how to trade using MACD INDICATOR:

9

Full information on Volume profile indicator:

11

Economy and Planning

Big Fraud / Complaints

Stock Market Tips

Parallel Channel and use of it over the NIFTY:

0 76971

Short term view in NIFTY50 for INTRADAY:

0 79139

EW – 5th W in progression – A,B,C Correction complex.

2 7211

Commodity tips

When Will MCX Gold explode?

5 17596

MCX CPO – Fifth Wave Rally Is Starting

0 16655

MCX Nickel – Parabolic Curve Pattern & Tips

0 19379

Forex tips

British Pound (GBPUSD) Struggling At This Support

0 15063

GBPUSD: Next Strong Probability

0 12798

USDINR Offers A Great Opportunity

0 12665