Stay ahead in the base metals market with our expert tips and analysis. Our research reports cover all aspects of base metals trading, including aluminum, copper, lead, nickel, and zinc, to help you make informed decisions and maximize your profits.
Zinc is making a Descending Triangle Pattern in the 15M chart. A breakout could fall the price up to the base range.
Rules: A complete breakout required. Beware the fake-out candle.
WARNING: Don’t make a trade above the Lower Horizontal Trendline (Support).
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As per the above chart, copper seems down for a short period. Wait for the tail and jump for 439 – 438.6 – 438 levels.
Don’t forget the hurdle (red line). This hurdle can influence the copper price up to 442.
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Everyone keeping eyes on Bullion & Energy sector commodities. Traders are missing the best trading opportunity in MCX Zinc.
Intraday/positional traders: The tail will drag up to 182 to 180.
Don’t mess after the hurdle breakout.
I will not reveal the accurate entry-level here. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
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Hurdle: 3860
This hurdle is the game changer here. Smart investors know what do I mean.
Upward Targets: 4000 – 4080+
Downward Targets: 3700 – 3560 – 3400 – 3200
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The next gold strong support is 31300. It may take u-turn up to 31800 – 32000+.
But gold is not safe to short under 31300 to 31000 levels. It may drag it into a heavy downfall. More information will update for the members only. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
As per the previous silver’s report, it’s continuously following our levels and under range. In this week beginning, It can jump up to 37600 levels. Don’t sell above to this level (37600). It can push it up to 37800 – 38000+.
The nickel support level was 886. It has broken in the last trading session. Intraday traders can expect downfall up to 870 – 864.
Further information will update shortly. Don’t sell above 886 level.
Lead’s prices could collapse up to 132 – 130. It’s a TRAP! Don’t sell lead until you see two-closing sessions under 130 prices.
Below level 130, the following targets are waiting: 128 – 126 – 124
Uptrend starting point: 136 level
It can be up to 140 – 144 levels.
Yes! You can.
Read the natural gas call first update.
Natural gas has touched the first target. It’s very close to the second target.
Did you read our last silver alerts? If not, click here. We had written there, “Keep note silver support level is 37200 price”. After touching our support level, It took the U-turn.
But this is not an assured confirmation for the uptrend. Yes! A downtrend can be confirmed if silver breakout the support level and close below it consecutively.
And this downfall can drag down the silver’s price up to 36600 – 36200 – 36000 – 35800 levels.
Note: a sideways trend will continue between 38000 and 37200 range. An Uptrend will confirm after breakout, 38000 level. Don’t think much about downtrend. It’s time to focus on Intraday trading.
Yes! But after 182.6 level. Complete breakout will require.
Targets: 178 – 172 – 166
As per the last Zinc forecasts, it has touched all levels. It’s very close to the all-time high (232.7 level). Short-term/long-term investors must wait now. This week, we might see above the 230 level with sideways movements.
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