MCX Gold & Silver – Massive Bull?
How many of you bought the gold? We have updated many times that the gold is bullish up to 39000 – 39600 – 40000+. Use the following link to read the previous articles:
- 29 Dec 2019 | Will Gold & Crude oil Keep Running Upside?
- 23 Dec 2019 | Gold, Silver, Natural gas, & Nickel Weekly Analysis & Tips
- 16 Dec 2019 | MCX Gold, Silver, Crude oil, & Zinc Tips & Updates
- 12 Dec 2019 | UPDATE: Is Gold Preparing to Rocket Higher?
- 08 Dec 2019 | Tips & Charts: Gold, Silver, & Crude oil Special Report
What’s next?
Hurdle: 40460
Support: 39200
Keep eyes on opening gaps. Now it’s time for intraday traders.
Resistance: 41260 – 41360
It’s under pressure up to 42000 levels.
Caution: a big downfall (up to 39260) after hurdle breakout.
The Prospects Of Silver’s Next Upswing
Same for the silver as well. Scroll the older commodities articles from here: https://moneymunch.com/category/free-commodity-tips/
We had updated many times, MCX silver will hit 46600 – 48000 – 49900+ levels.
Check out the first report here: https://moneymunch.com/tips-charts-gold-silver-crude-oil-special-report/
It has touched the first two targets. Will it achieve the 49900 levels?
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What If Crude Oil Is NOT In A New Bull Market?
Click the image to open in full size
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As per the above charts, the crude oil previous support trendline can continue the bullish trend. It could be up to 4692 – 4810 – 4900+.
The previous support trendline breakout: 4460 – 4360 – 4160
Technical Perspective of Nickel (Weekly & Intraday)
Nickel is showing up like falling. Is it? Its hurdle is the 1008 level.
Nickel needs to show a closing price above 1036 to come into a positive trend. It will a clear sign for 1050 – 1066+ levels.
Hurdle breakout: it could down up to 1000 – 986 levels.
