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.
Look at above chart, MCX Zinc is going upside over 1 year. In last two trading session, it had broken 1-year Support trend line. Since the December 2016 year, Zinc price locked in a trading range bounded by upside resistance (197.5 level) and downside support (171.4 level).
Continue readingIf 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 started moving down from this week. Even our premium subscribers started selling Gold from 1st March.
Check out below screenshot: →
Yesterday, our subscribers booked full profit! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
But if we talk about today, then gold is not good trading. But silver is very aggressive and high selling pressure coming up. We may see continue downfall on next week after some recovery.
Be connected with us to know more.
Support: 185.2
If zinc remains above the support, then definitely it will recover yesterday loss and show us 186.6 – 187.5 levels.
But if zinc will break the support and stay below it, then nobody can stop to fall down the zinc.
Targets: 184.6 – 183.7 below.
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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Unlock This ArticleIf 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
