Gold, Silver, Nickel, & Aluminium Outlook & Updates

free commodity silver daily chart tips

Silver Technical Analysis with Gann & Fibonacci

Currently, silver has jumped back into the uptrend area. It has also broken the parallel channel in the last trading session. But, the buy is not confirmed yet. The uptrend can be resume if it remains above 0.618 of retracement level and 3/1 & 8/1.

If that happens, then you can buy for the targets of 63900 – 65100 – 65960 – 68454.

What happens if it’s fake-out? That’s a straightforward scenario on the above chart. MCX silver futures will come under the control of sellers in the downtrend area. It will fall nonstop for the targets of 59960 – 59400 – 58600 – 55765.

Part 2: MCX Gold Price Limited Downside, Big Upside

gold tipsIn the previous week, gold has made a high of 47370 (+531 / +1.14%) and closed at 47037.

First, did you read my last gold outlook report? If not, click here and read it now.

As I had written, “If gold does breakout of 46860 level, then we may see 47276 – 47600 – 47960+. Don’t get confused! You have to watch out the level 46860 for an uptrend, and the closing price below the Doji candle indicated a bearish trend signal”.

At present, gold is under buying pressure. We will see the remaining targets soon.

Condition: it has to break/close above to 0.618.

Will Nickel Hit the 1570 level?

free commodity mcx nickel tips updatesHow many of you read the 27 Sep technical report of Nickel? If you did not read then click the below link:
MCX nickel’s Elliott wave projection (Target 1570)

Nickel has started rolling upward to complete the 5th wave. Be ready to see 1506 – 1532 – 1550 – 1570 target levels.

Aluminium Update

mcx aluminium tipsDid you read my Aluminium report? If not, then click the below link:
Aluminium Should Run Up To 240+ In Next 30 Days

I had written, “aluminium has made an all-time new high of 236.3 and declined. It can dig more upside from here. Before that, we may see retesting of 229 – 226.8 levels.
Afterward, it can move for the target of 233.6 – 236 – 238+.”

Aluminium has tested 226.8 on 30 Sep by making a low of 226.1. Afterward, it started moving forward and touched all targets.

If you’re still losing money in MCX trades, nobody can help you.

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Crude oil, Nickel, Aluminium & Mentha oil Tips & Updates

free commodity nickel chart & tips

MCX nickel’s Elliott wave projection (Target 1570)

Nickel has started moving forward since March 2021. It will complete the 5th wave soon.

According to Elliott wave projection, MCX nickel can touch 1570 to end the 5th wave.

Intraday & short-term traders can buy nickel for the target of 1485.6 – 1506 – 1532 – 1550 – 1570.

Premium Subscribers: Please login to unlock entry-level and stop loss.

Aluminium Should Run Up To 240+ In Next 30 Days

Key levels: 229 – 226.8

Aluminium has made an all-time new high of 236.3 and declined. It can dig more upside from here. Before that, we may see retesting of 229 – 226.8 levels.

Afterward, it can move for the target of 233.6 – 236 – 238+.

Latest Update: Crude Oil Call

free commodity crudeoil chart tips updates

Crude oil has completed all targets in the previous week’s trading sessions.

free commodity menthaoil trading tips chart

Mentha oil has touched the second target.

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The long-term outlook of MCX Copper

Free commodity copper tips chart

Look at the above weekly chart of MCX Copper. It has created an ascending channel pattern without breakout. This channel started in the previous year’s April month. At present, it’s falling after making a tail. But how much it can go down? Copper may fall more from here, and that can be up to 728 – 710.6 levels.

But overall, it’s on an uptrend. So, soon it will start marching for the following levels:
760 – 780 – 800 – 820 – 840+

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EWT Says: MCX Aluminium Will Come at 162 Level

free commodity aluminium tips chart

According to EWT, the 5th wave has been almost completed. The ABC correction will start soon. As mentioned in the chart, MCX aluminium will start collapsing for the target price of 176 – 172 – 168 – 162 soon.

At present, if we see for intraday traders, then it’s upward. Aluminium will touch 184 – 186 levels, and then ABC correction will start.

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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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Here’s Why MCX Copper Yesterday Moved Down

free commodity copper daily chart tips

LONG-TERM INVESTORS:
Copper has broken March 2020 resistance trendline, and true resistance breakout is a clear signal to buy. Target prices for long-term traders: 760 – 800+

INTRADAY TRADERS:
But at present, MCX copper can pullback to the previous resistance line to continue an uptrend. So, intraday traders can sell for the following targets: 690 – 680 – 676

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