base metals tips

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.

MCX Crude Oil Hourly Charts In-Depth Analysis

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free commodity crude oil chart tips

FOR THE DAY TRADERS:
MCX Crude oil has made a symmetrical triangle pattern, and that indicates a bearish continuation. At present, its price is moving inside the triangle pattern. That’s a consolidation area. The prices will keep playing sideways here.

Intraday traders can sell or buy based on control price. The last expected stop is at E. So, we may see crude oil at/below 2840 – 2820 level.

FOR SHORT-TERM INVESTORS:
This symmetrical triangle base range is 378 points. So, the game will begin whenever crude oil will breakout the triangle pattern.

Upper breakout’s targets: 3130 – 3200 – 3280+
Downward breakout’s targets: 2610 – 2500 – 2460

Beware of tail, fakeout, and excess. Accurate entry-level, target and stop-loss is available for the premium members only.

Base Metals Trading Calls Update: MCX Zinc Ready For Another Rally Attempt

Yesterday I had an updated intraday trading call on Zinc. It has made a high of 194.55 level and closed at 194.35. Will it reach the first & second target or not?

Bullion Update: MCX Silver’s Next Target 65200 by the Elliott Wave

I had updated an intraday call on the silver the day before yesterday while its price was running nearby the 61500 levels. It has reached the first target before collapsing. So, what are you expecting ahead?

Will silver hit the next targets or keep falling? To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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MCX Zinc Ready For Another Rally Attempt

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free commodity zinc chart calls

Zinc is going upward since April. Recently, it has broken the strong support trendline and made an excess. At present, it’s running at a strong support line. So what are you expecting next?

Technically, the crossover of 20 & 50 MA indicating a downtrend ahead, and multiple volume spikes are a direct sign for an uptrend.

Simple Trading Strategy for the Intraday Traders:

The day traders can keep buying above 0.886 value of retracement for the target of 194.6 – 196 and above.

Breakout of 199.4 means boom! It can fly from there for 203 – 206 levels.

According to the Fibonacci retracement & moving average, zinc will collapse soon to the value of 0.786. So, short-term investors can go for 185 levels.

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Gold Spot & MCX Nickel – Massive Bearish Pressure Coming Soon

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free commodity gold spot hourly chart tips

GOLD SPOT See What These Gann Gan & Fibonacci Retracement Value Say About Trend

Here, I have used Gann Fan & Fibonacci Retracement to identify the next move of Gold Spot. Wherein, it is taking reversal from the 0.5 retracement value (highlighted by green square). And now it’s running under 3/1 & 4/1 Gann Fan value.

According to this chart, gold will keep drilling upward up to $1940. After that, it can fall for 0.382 value of retracement. And a breakdown of this retracement means $1900 waiting ahead.

Overall we can see a bullish trend. That can be for $1960 – $1976 levels before Nov end.

MCX Gold Report: Intraday Pullback Before Acceleration Lower

Gold in Correction Mode..?To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Nickel Trading Calls Updates

free mcx nickel calls chartHow many of you bought Nickel? If not, read this article: MCX Nickel Detailed Trend Forecast & Tips

I have written in bold words, “…nickel will start raising for 1076 – 1090 – 1100 level. Dynamic resistance breakout will lead the prices for a 23.60% retracement level”.

In the last trading session, MCX Nickel has reached all targets (see below). What else you want!?

free mcx nickel tips & updates

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MCX Nickel Detailed Trend Forecast & Tips

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free mcx nickel calls chart

Here, I have used Elliott wave theory, Fibonacci Retracement, and MA (30 & 62) to identify the next move. At present, MCX nickel in a corrective wave. We may see a reversion bounce off here. It can be up to 38.20% to 23.60% of the retracement level. Wherein, 38.20% retracement level will act as a resistance and 50.00% vice versa.

In other words, nickel will start raising for 1076 – 1090 – 1100 level. Dynamic resistance breakout will lead the prices for a 23.60% retracement level. Intraday or positional trader can hold 1080 level.

If nickel breakout the strong support and 50.00% retracement level, don’t buy. That can slip immediately for a 61.80% retracement level.

Also, don’t forget to wait for a crossover of MA 30 & 62.

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Aluminium Intraday Tips For Today

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free aluminium tips

According to this chart, aluminium is moving flat under the rectangle pattern. The top of this rectangle is the resistance, and the bottom of this rectangle is the support. The trend is making frequent parallel channels between the support and resistance of this rectangle.

At present, aluminium is playing into support trendline (B). There is a crucial support. Fakeout, volume spike, massive buying pressure, and S-RSI crossover is made in that area.

So, break out of the crucial support means downfall for the levels of 143.6 – 142.6.

…but aluminium will try to climb because of 50 & 10 MA crossover. Therefore we may see prices at 146.6 – 147.4 – 148+ soon.

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Gold, Silver, Natural Gas Trading Calls & Updates

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Update: Is Gold Price Setting Up for an Uptrend?

Have you read the August 16th newsletter of Gold?
If not, click here.

I have written, “Don’t forget to follow the control price (CP). If gold breakdown CP, it may fall for 51360 – 51000 – 50500 – 50000 levels. Watch out the selling level on the chart.”

Yesterday gold has touched all targets. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Is silver ready for the second target?

free commodity silver chart tipsDid you read the September 9th article of Silver?
Click here to read now

I have written in bold words, “…if you look at the volume and S RSI indicators, it is planning for a downtrend. And at present, silver is very close to the control price line. Hence, a downtrend may start from this point. A breakdown of control price can initiate a new fall for 61000 – 55785 – 50570 levels.”.

So, yesterday silver has touched the first target. If it remains under the retracement level of 38.20%, we may see continue downfall.

If it remains under the 38.20% retracement level, it will keep falling for the next target.

Please note that silver playing at March 2020 uptrend channel (support). Hence, don’t sell above it, Because it will start to rise from there up to 23.60% (67445).

Update: Natural gas Struggling at Strong Support

free mcx naturalgas chart tips

Have you read the natural gas intraday tips report?
Click here to read it now

I have written, “for safe traders, short positions can be initiated after 170 levels.
Targets: 167.6 – 165 – 162.6 – 160“.

Natural gas has touched all targets as well. What else you want?

The next report about MCX base metals commodities (Aluminum, Copper, & Nickel) is coming soon. Stay connected!

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