It’s time to play with Silver!
The silver nerve is 38600 level. If it will close above it then we may see 39360-39800 above levels. But… if silver will remain below to 38600 levels then sell. Targets: 37000 – 36000 levels.
Today we’re not going to write a single line about MCX Gold because I already said you in the previous newsletter about Gold direction. Click here and read it now!
Crude oil Updates & Secrets
In the previous newsletter (click here to read) I had clearly said, “Crude oil is safe for short-term/long-term investors until it remains above 2940 level. Because 2940 level is indicating, it can go upside from here. And also it may hit 3030 – 3100 level again!”
Crude oil also touched both levels!
This week… what will happen?
Crude oil head is 3170 level. If it will close above it then crude oil go more upside and if it will remain below the head then we will see 2960 – 2870 levels soon.
I would recommend keeping note my levels because it tells stories..!!!
For receive crude oil intraday tips – Subscribe now!
Will lead continue dropping?
Coriander: Best-selling opportunity is coming soon…!!
Coriander drilling downward over one month. We’re saying to keep selling NCDEX coriander from May beginning. You may see our last Coriander updates by click here.
This week it may react to remain up but it’s broken! You must wait for closing at or below 5440 level and then SELL..!!!
Targets: 5286 – 5140
Is it the best time to SELL or BUY Turmeric?
Turmeric just making a trap and collecting long-term buyers. Its trend is still down. Turmeric downtrend will over if we see closing above 5830 level. Do you really think, is it possible?
Why Crude oil Not Closed At OR Below 2870 Level?
A Big history is available at this level. I will not reveal why but I can confidentially say, “if crude oil close below 2870 then nobody stops to touching these levels: 2800 – 2740 – 2655”
Crude oil is safe for short-term/long-term investors until it remains above 2940 level. Because 2940 level is indicating, it can go upside from here. And also it may hit 3030 – 3100 level again!
Now, this is the sufficient information for a smart trader. I don’t think, I will need to write about crude oil for next 1-2 weeks!
Gold and Silver – What’s Next?
As per technical base, COMEX Gold futures is weak. It hurdle is $1222.80 level. If it will close below this hurdle then we may see $1214 – $1200 level before this weekend.
But if you are MCX trader then must wait for 27900 level breakout. This level will confirm the gold trend. If gold will close below to this level then BOOM!
Targets: 27500 – 27250 – 27060 – 27000
IF GOLD CLOSE ABOVE 28500 THEN DOWNTREND WILL OVER!
MCX SILVER: I have already written about silver on last week. Click here to read predicted future of silver!
Where Will Nickel Head Next?
Nickel just touched support trend line and jumped upside in last trading session! And also small support level 558.5 is a little bit far away. Do you think, nickel will remain in the downtrend this week or go upside?