Crude Oil Setting Up For Another Big Trade

free crude oil tips chart

As per the chart, MCX crude oil is under bearish pressure for a short period. It may fall for 2600 – 2400 – 2160 levels.

The long-term traders must keep their eyes peeled for a crossover into the S-RSI. The crude oil prices will fly into the sky. Be ready for 3200 – 3500 – 4000 levels.

Do you want to know about Silver?
Read the 3rd June report: MCX Silver Prices Go NEGATIVE! What’s Next?

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Expectations For Higher MCX Gold Prices (15M Elliott Wave)

free mcx gold chart tips

Support: 46400 – 46360
Targets: 46800 – 47000 – 47200

A breakout of the parallel line means downfall. Beware of fake out. It can fall the prices around 46100 – 46060.

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