Mr.Dev(s) is a team of non-biased certified technical and research analysts with extensive experience in the financial markets dating back to 1997. They accurately forecast market movements and position their clients accordingly. They are popular online contributors on many channels and platforms, known for their non-biased advice and commitment to helping investors make informed decisions. The team is also the founder of forex account management services on Moneymunch.com, demonstrating their knowledge and experience in the financial world. Investors can rely on Mr.Dev(s) for research reports and opinions, as well as trading guidance.
MCX Gold prices blasted higher this year’s beginning, breaking out of their correction downtrend. What will happen next? Here’s how gold will perform this week:
This Time is Different for MCX Silver – 2020 vs. Dec 2019
First, I recommend to look out my 8th Dec 2019 Silver’s chart (Read Full Article).
Now, look at the current month chart:
Unlock This Article
Only subscribers can read the full article. Please login to read the entire article.
As I had drawn, silver has performed. What else you want!?
Anyway, look into the chart, I have been drawing a new trendline. That is a trend confirmation sign. Don’t buy the silver below the 46600 levels. It could fall up to 46000 – 45360 from there.
And above 47000 levels, 47500 – 48000+ levels are waiting.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
If history repeats, crude oil will head to 4500
We cannot say this the crude oil under downtrend. It needs a consecutive breakout below the hurdle line to confirm it. And that breakout will fall the prices up to 4020 – 3900 below.
Otherwise, it will start climbing for 4280 – 4360 – 4400+ levels.
How many of you bought the gold? We have updated many times that the gold is bullish up to 39000 – 39600 – 40000+. Use the following link to read the previous articles:
Today we have updated the short-term view of gold: Click here
But what about Intraday?Look at the below chart:
Today gold is positive up to 39080 – 39120+ levels. As described on the chart, a breakout of the seller area falls the gold prices up to 38850 – 38800 levels.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
8th Dec Gold’s Chart (Click here to read that article: Gold, Silver, & Crude oil Special Report) Eventually, the gold has come out from the box. The next hurdle is 39260 level. Above it, be ready for 39600 – 39800 – 40000+ levels.
A Strong Support Level:38560 (Below this, A Big Downfall!)
“Will crude oil keeps moving up for remaining the targets: 4390 – 4430”
From 25 November, I’m just suggesting to keep buying crude oil from 4170 for the 4400 above levels. Have you followed? Then it’s your time to book profit from crude oil.Anywhere above the 4400 levels. Minimum Rs.23,000 profit/lot, Enjoy! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.