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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.
Nickel looks under selling pressure. If it will remain below to 661.5 levels more than 15 min then sell nickel for 654-652 below levels.
Did you know what I said about Gold and Silver on last Friday report?
If you forget, then click here and remind now!
I had written about Gold “You can sell gold below 28474 for 28320 – 28160 levels.”
Gold will definitely try to remain up after opening bell but sellers are waiting… Sell the gold anywhere!
Targets: 28830 – 28760
Only, 28980 levels can stop the downfall of Gold so be careful with this level. It can drag the gold from 28980 to 29040 – 29100 above!
Crucial level: 42356
Don’t sell silver if it will remain above the crucial level. And yes, don’t forget to sell silver if it will break this level! Silver future is very dark below crucial level. It can go down up to 42180 – 42060 levels.
Yesterday, so many people were talking about cotton unstoppable upside movements. You must read my Feb 27, 2017 report of cotton. Click here to read it
I had clearly mentioned in bold words, “I would like to keep your attention on MCX Cotton, it’s best for buy. I will not reveal perfect entry levels and stop loss here because it’s available for premium subscribers …but it targets is 21450-21600+ levels.”
The first target has been achieved, and running around the second target!
It’s profit booking time for whose reading our reports regularly.
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I’m saying to buy Gold & Silver from 7 Feb, 2017.
If you forget it then click here and remind now.
I had said about Gold in bold words, “you must know that, if your day trader then keep in mind ‘gold will hit 29350-29550+ levels soon’.”
And I was also written about Silver, “Hurdle: 42000. If silver will cross over and close above the hurdle then buy for 42630 – 43300+ level.”
GOLD & SILVER ALL TARGETS HAS BEEN ACHIEVED IN LAST TRADING SESSION.
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LockIf you have any plan about aluminium then I would like to recommend you read my last newsletter by click here.
Did you know, on last Thursday our subscribers sold Aluminium and booked profit in just 10 min!
Not only aluminium, we have also sold zinc and it touched all targets in just a few minutes too.
LOOK AT RIGHT SIDE SCREENSHOT →
Many traders are avoiding other sector commodities, but I’ve one message for them, “in investing, what is comfortable is rarely profitable.“
So I would like to keep your attention on MCX Cotton, it’s best for buy. I will not reveal perfect entry levels and stop loss here because it’s available for subscribers …but it targets is 21450-21600+ levels.
I hear lots of peoples are talking, “it’s time to pick CPO for short-term buy position.” And I agreed. You must buy …but when? Whenever it will close above to 552 levels. If Crude palm oil will close above to this level then it can hit 560 – 566+ levels.
CPO hurdle is 552 level, and you should keep selling until it breaks the hurdle.
Targets: 542 – 538 below levels
You may keep buying gold in each new high.
Hurdle: 28900 level.
If gold will crossover / close below the hurdle, then it can hit 28700-28500 below levels. But I would recommend buying gold until it hit 29550 – 30000 levels.
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Did you know what I had said you on 7th Feb, 2017 (6 Days back) about silver?
If you forget it, then click here and remind now!
I had written in bold words, “Hurdle: 42000
If silver will crossover and close above the hurdle, then buy for 42630 – 43300+ level”
On the last trading session, silver had touched 1st target.
What are you expecting now? Login and keep reading about MCX Silver next week report…
LockAll of the major indices closed at all-time highs on last trading session. NCDEX Future is slipping over 3 months, and it can stop moving down after hitting 3024 levels. If you remember then I have already said 5 months back! If you forget it then click here and read again August 22, 2016 article.
LockCoriander is dropping over two weeks and I would like to keep your attention on it because the coriander will run continue until it touches once 6880-6790 levels.
