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Join Today (Free): Commodity Tips | Forex Signals

MCX Gold & Silver Technical Analyses: Recent Trends & Upcoming Targets

Free commodity gold daily chart and tips

MCX Gold Technical Analysis: A U-Turn in the Control Channel Signals Potential Targets

According to the above technical daily chart, MCX Gold futures in the Indian commodity market have recently reversed direction within the control channel. It is reasonable to anticipate potential price levels at 58660, 58360, and 58000 before the commodity resumes its upward trend. Stay tuned for additional updates and insights on the gold market.

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MCX Zinc: Bullish Momentum Ahead

free commodity mcx zinc trading chart & tips

MCX Zinc Signals Potential Bullish Momentum with Clear Target Levels

MCX Zinc is currently right at its 100-day Simple Moving Average (SMA). Additionally, we’ve seen a positive crossover on the Moving Average Convergence Divergence (MACD) indicator.

Closing above the SMA 100 is significant, indicating a potential upward move with two target levels at 224 and 228 in the coming days. This is an appealing opportunity for short-term traders.

It’s important to note that initiating a position when the price is below the SMA 100 is not recommended due to higher risk.

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EWT – NYSE Mastercard Is Preparing Skyrocket

nyse mastercard chart calls

Timeframe: Daily NYSE MA has started a double zigzag at the low of $26.8. Price has accomplished wave w at $390 and wave ((X)) at $340.2. The security price is moving above the 20/50/100/200 moving average with falling ATR signals sellers can come to provide a correction before the price surge.Continue reading

MCX Crude Oil: Retracement Analysis and Downside Targets

Free mcx crudeoil chart calls

MCX Crude Oil: Will it Drop Below 5000 Before the Weekend?

In the wake of the COVID-19 pandemic, crude oil prices experienced significant volatility, hitting a low of 795 and reaching a peak of 9996 on March 8, 2022. Currently, the price is undergoing a retracement, approaching the key level of 50%.Continue reading