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The positive trend will start after a breakout of hurdle.
Targets: 951 – 936 – 925
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Unlock This ArticleHow 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:
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.
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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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
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.
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About 23/12/2019 6:30 PM Article: Commodity Gold & Aluminium Trading Calls & 15M Charts
How many of you traded on yesterday’s trading alerts?
The gold and aluminum call all targets has come.
Silver has breakdown the support trendline. It’s ready to hit the box bottom. If it’s not fake out a candle, get ready for 45760 – 45600 – 45560 levels.
Otherwise, we will see 46260 – 46400 – 46600 levels. You can also refer to 8th December article for the upward targets. Click here: Silver Price Setting Up For A Downside Price Rotation?
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Strong Support: 133.36
Aluminum is taking U-turn from each lower trend line hits. Where’s the tail? Will it keep moving upside from here to 134.6 – 135+ levels?
The support breakout will increase the selling pressure. And it can fall up to 132.8 – 132.2 level.
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Gold is playing into a box since 8 December. I have drawn that chart here: MCX Gold at Support – The Upcoming Move
8 Dec Article Url: Silver Price Setting Up For A Downside Price Rotation?
Silver could try to test the 45400 levels. If we see the consecutive closing price above this level, the silver will fly. And targets will remain the same as I have written into the 8 December article.
And if the silver will breakdown the support line, nobody can stop to fall. Downside targets are also available in that article.
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As per this chart, natural gas moves back to under bearish trend. Its price is also close to the support level. It will impact on MCX natural gas prices.
MCX Natural gas: Hurdle – 167.6 and Support – 157
Especially intraday traders… My regular chart followers know what’s going to happen next!
For short-term investors:
Will natural gas comes out from the downtrend before next weekend? What will happen if natural gas breakout the strong support?
I will update you in the next report before this weekend end.
Nickel can be unstoppable. No Doubt!
Hurdle: 1030
Above it: 1070 – 1080 – 1090 – 1100+
Hurdle breakout: 1010 – 1000 below
Don’t stuck in fake out candles.
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