MCX Gold & Zinc – Tips & Updates

free commodity mcx & cfd gold spot daily chart & signalsHave you bought Gold? If not, I have updated a free call on gold three days back.
Read Now: Gold Spot vs. MCX Gold – Weekly Reports & Tips

I had written in bold words, “according to this chart, gold is trying to climb upward after hitting the PC (Parallel Channel). And if it remains into the PC, we may see 51000 – 51500+ levels before the weekend”.

Gold has reached the first target (51000) and made a high of 51454 yesterday. Will it touch the next target or not?

Min. Profit Per Lot: Rs.30,000

free mcx zinc tips & chart

free commodity zinc chart callsI have updated a free Zinc trading call on 15 Oct 2020. First, visit here to read that article: MCX Zinc Ready For Another Rally Attempt

I had written clearly, “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”.

Zinc has touched all day trading targets, and it has also touched the positional target of 203. Will it touch the last target 206 level before the weekend?

Min. Profit Per Lot: Rs.61,000
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Aluminium – ADX & Fib Retracement Reverse signals & analysis

free mcx aluminium chart calls

At present, MCX aluminium playing on support trendline and drilling upward. Its volume is spiking 2X compares to average volume. Each spike is turning the existing trend. And moving average has tried to cross 50 MA with 20 MA but failed. That indicates a continued uptrend ahead.

According to ADX & Fib retracement, the bullish trend will start after a crossover ADX value of 25 until intraday traders can keep selling Aluminium for the targets of 150.6 – 149.6.

What happens after ADX > 25?
Aluminium will start moving upside for 154 – 156.6 – 160+ levels.

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MCX Nickel Double Top – Potential Reversal

free commodity nickel calls daily chart

According to this chart, MCX Nickel is making a double top chart pattern. It’s at risk of a bearish trend after double top formation. Wherein the first top at 1158.4 level, and the second top can be between the range of 1160 – 1176.

If it’s a second top, nickel will make a large false break pin bar here. That might be up to the 1176 level. Afterward, the short-term traders can sell it for levels of 1106 – 1076 and below.

Here I have drawn a neckline as a support trendline to get an accurate exit/entry point.

Wait for the right entry-level, don’t sell above 1160 level.

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MCX Crude Oil Hourly Charts In-Depth Analysis

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?

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MCX Zinc Ready For Another Rally Attempt

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

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

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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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