MCX Natural Gas Head and Shoulders Trading Setup

free commodity naturalgas tips charts

Natural gas Head and Shoulders Suggesting Price Crash

MCX Natural gas has made head and shoulders patterns on the weekly timeframe. And the two shoulders are overlapping. Sell confirmation is line breakout.

Recently, it has broken 200 moving average. If it shows closing price below the neckline and 200 MA consecutively, NG will fall nonstop.

X and Y are the formation’s size. Here is the value of x 100 and y 74. So, according to H&S formation, it can collapse up to 112 – 86.

Hurdle: 196
Short-term targets: Read more

Crude oil, Brent oil, & Aluminium Chartolgy & Next Big Move

free mcx aluminium tips charts

Aluminium Is Close To Something Big

According to this chart, MCX Aluminium can fly from here if it does not close below 176.4 levels.

Targets: 178.6 – 179.6
Short-term targets: 180 – 181.6+

But, if it closes below 176.4 levels, then this call will deactivate. And it will start collapsing for the levels of 174 – 172 from there.

crude & brent oil tips & updates

Crude Oil Is Going to Blast – A New Update & Tips

How many of you sold crude oil on the previous Thursday?
Article: MCX Crude Oil & NYMEX Brent Oil In-depth Analysis & Tips

In the previous article on crude oil & brent oil, I said in bold words, “…so, intraday traders can set the following targets to make some money: 4560 – 4500 – 4460 – 4400 | …and, if brent oil breaks the hurdle ($66.60) and shows a closing price below it, we will see a heavy downfall. Targets: $64.6 – $62.8 and below”.

The crude oil has reached all targets..!!! Enjoy!

What next? Only premium subscribers can read a full report of crude oil.

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MCX Crude Oil & NYMEX Brent Oil In-depth Analysis & Tips

NYMEX Brent Oil Futures – Simple Trading Strategy

free commodity nymex brent crudeoil tips & daily chart

Here, I have used MA, RSI, VOL, & DMI to identify the next move of Brent Oil. According to these indicators, it seems bullish ahead. We may see the following targets soon: $68.8 – $69.8 – $71+

But, if brent oil breaks the hurdle ($66.60) and shows a closing price below it, we will see a heavy downfall. Targets: $64.6 – $62.8 and below

What about MCX Crude oil? It looks downward for a short period. Look at the below chart:

free mcx crude oil tips chart

MCX Crude oil can go down for a retracement value of 0.236 in the upcoming days. So, intraday traders can set the following targets to make some money: 4560 – 4500 – 4460 – 4400

But, if brent oil breaks $66.60 upside, then change your position for the following targets: 4800 – 4880+

Read more

MCX Gold & Mentha oil Tips & Updates

PART 2: When Will MCX Gold explode?

free commodity gold chart tipsOn 15 Feb 2021, I have written an article on Gold. First, click below & read again:
When Will MCX Gold explode?

I have written in that article, “If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46860 – 46600 – 46000 – 45660 – 45200“.

Gold has touched all targets.

free commodity gold tips

NEW UPDATE:
Keep eyes on the retracement value of 0.618. It will act as a resistance.

Targets: 44260 – 43600 – 43000 – 42260

Alternative scenario: If gold remains above 45200, it may try to hit 0.382 (TP: 46000 – 46800+).

UPDATE: Mentha oil – Profit Booking Time

How many of you bought Mentha oil after reading this report?
MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’

free commodity mentha oil chart tips

Mentha oil made a high of 964.9 yesterday, and the first target has come.
Approx. Profit /L = Rs.15,000+

The short-term investors can book profit here. As I mentioned in the above chart, it’s MA crossover time. It may move sideways.

Overall, it’s in an uptrend. Hence, the targets will remain the same.

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MCX Gold Guinea’s Downtrend: Is This Just the Beginning?

free mcx gold guinea daily chart tips

MCX Gold Guinea is following a parallel channel since August 2020. Recently, it has touched the support trendline and started moving forward. Will it keep moving? How much? It will keep running for 37600 – 38000 levels.

But according to MA, Gold Guinea should keep falling. And for the following levels: 36800 – 36400 – 36000

Read more

MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’

Free commodity mentha oil chart tips

First, wait for a clear Ascending triangle form. Right now, MCX Mentha oil at the support trendline (rising lower trendline). It will try to hit 964 – 986 – 1000 – 1020 levels from here. Intraday traders can go with the current trend.

But don’t buy below the support trendline. Further information I will update soon for the premium subscriber.

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