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Hurdle: 4020
Upward Targets: 4070 – 4100+
Downward Targets: 3980 – 3960
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Into the last trading session, gold has taken an upside reversal. We can see the following levels: 32400 – 32600+
Note: don’t take any risk below 32K.
This week if you’d like to know more about MCX Gold direction then we recommend reading our last report. Click here > Gold long term forecasts
For this week: Gold’s strategy cleared above but if you’re planning to buy/sell silver, your trading strategy should be different here. Only premium subscribers can read ahead.
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Since last December, crude oil has started rallying upside. It has marched almost 1000 points! But the strange thing is, daily charts indicating downtrend now. See the above chart, all the major indicators (MACD, Stochastic, & RSI) are pointing downward ahead.
Further information will update shortly for the subscribers.
Gold may turn down up to 31700 – 31600 levels. 31460 – 31500 range is u-turn/support area.
Reversal isn’t far away from this time. Upside rally will start soon for 32400 – 32800+ levels.
Fake out? Targets: 460 – 465 – 470+
Downtrend? Targets: 440 – 434 – 426
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As per our last report of Gold, its ‘reversal’ going to end soon. Gold future will take U-turn between 1309 – 1302 range. Now intraday traders know what to do… Today, subscribers can expect tips from gold.
Due to the tension between India and Pakistan, we have sent three calls this week. You can check out our call’s screenshot:
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While gold was running around 33300 level, we have told you to buy. Do you forget it? Click here and read the gold report.
We had written, “The all-time high of gold is level 35074. Gold will start moving upside for the following targets soon.
Upcoming Levels: 33642 – 33860 – 34300 – 34500
…But after a reversal”.
In last week, gold has made 34034 high level. Do you think, it will touch our remaining target levels?
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I don’t think I have to write anything about Gold Guinea. The chart is saying everything about its short-term future. To know more, subscribe now!
Targets: 40600 – 41000 – 41250 – 41500
…But after a reversal.
As per the above nickel intraday trading chart, it has support at or above 909 level.
Nickel prices may hike up to 915 – 918 levels. And if it breakdown the support, prices may fall up to 906 – 904.
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