Will Gold Prices Continue To Climb Higher?
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:
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.
Above/below consecutive closing prices and fake out identification required. Further information is available for premium subscribers.
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.
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Note: valid till 15 Jan 2020.
