COMMODITY TIPS: Silver & Crude oil walking UP together & Gold moving DOWN?

This week COMDEX index increased just +29.79 (0.92%). Gold and silver are walking opposite direction. Crude oil becomes top gainer and gained 4.52%. All metals are going down! What happening?

Let’s we go in deep!

Look Broad-Based ETPS Heatmap

commodity broad based etps heatmap

That’s clear proof why COMEX Gold & Silver futures are increasing. This heatmap is also answering why our energy sector commodities are top gainer for this week. But what happened last week with MCX Gold & Silver, you must check below chart:

gold silver weekly chart in change tips

You can figure out how bullion commodities are moving but below chart will take you in deep:

free commodity gold daily chart tips

Above chart is indicating if gold will close and go down to 28450 level then it can drag down up to 28300 – 28100 levels. And if it will close below to 27980 level then you can guess what will happen!

But if gold will remain above to 28450 level then we can see 28800 – 29000 in upcoming days.

Continue reading

USDINR & EURINR – Monitor the Support & Resistance for Earn Money

eurinr intraday tips yearly charts

If you want to sell anything from NSE Currencies then I strongly recommend EURINR pair. Use my below levels as targets:

  • 69.14
  • 68.65
  • 67.4
  • 66.5

How to use above level?

If it will close below the 69.59 level, then sell it for 69.14. Next, if it will break and close below to 69.14 then sell it for 68.65… continue!

And if it will remain above to 69.59 levels, then watch it only. Buying pressure may push upside up to 70.5 – 70.7 levels.

This is sufficient information for Smart intraday traders!

eurinr indicator opinion signals tips
Continue reading

Commodity Technical Report for MCX Gold, Natural gas & Mentha oil

Natural gas started moving higher since late February, many risks in the futures market and fundamentally this is not a good time. Natural gas linked inventories are high, but this year it could go either way. This is all about long-term, and I’ll write the full report of natural gas on next week.

But if we talk about intraday / short-term then I’d recommend to keep selling below 203 and keep buying above to the same level.

commodity market intraday trading tips

As per technical basis, it’s time for bearish reversal and we can see March new high today or next week beginning. Today it can upward up to 210 – 212 level.

Continue reading

Immediately turn your attention to Nifty future 9128

In the previous update, We have clearly told you nifty has targets 9189 and 9222, after that you know nifty created 9212. Click here

One more stock updated by us in past is Reliance stock future for selling 1326 nearby but created high 1327 and it could not climb more that it. Click here

Now, You have turned your attention on nifty future with chart. Herein the chart with resistance level and target of 60-95 points profit.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

nifty-future-march

You have to keep patience for level up …. More details are for subscribers…!

Continue reading

3 Best MCX Commodities Reports and Gold, Silver & Crude oil Technical Analysis for Monday opening bell!

free commodity tips

We have mentioned many times in previous newsletters, “COMEX volatility because of political uncertainty”. Do you know, three trillion dollars gained in the U.S. markets after U.S. election? Major commodities were up last week. 0.25% interest rates risen last week and gold futures increased 2.67% & silver futures increased 2.75%!

Since March beginning crude oil future was declining but it had slightly recovered 1.16% on last week. The noticeable thing is crude oil future price doesn’t impact much on MCX energy sector black oil. And the interesting thing is MCX Natural gas moving upside like a boss!

MCX WEEKLY TOP GAINERSMCX WEEKLY TOP LOSERS
Natural Gas+7+3.62%Nickel-27.6-4.11%
Lead+3.25+2.17%Copper-10-2.56%
Silver+612+1.52%Mentha oil-24-2.40%
Gold+284+1.00%Zinc-4.05-2.15%
Aluminium+1.2+1.00%Cardamom-27.39-1.95%
CPO+0.9+0.17%Crude oil-54-1.69%
Cotton-100-0.47
MCXIndia Commodity Heatmap
Continue reading

COMMODITY GOLD, NICKEL & MENTHA OIL – INTRADAY TIPS & TECHNICAL REPORTS FOR TODAY!

If we talk about today gold direction, then I should say gold will remain down because of political uncertainty. On next newsletter, I will write gold next move for short-term / long-term investors so doesn’t miss to visit Moneymunch.com on Monday.

Gold opening bell may downside and in opening hours it will try to run upside. I’d recommend keeping watch gold between 28800 – 28745 range.

mcx gold tips
Continue reading