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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Gold Spot vs MCX Gold – Weekly Reports & Tips

free commodity mcx & cfd gold spot daily chart & signals

Here I have compared Gold Spot (CFD) with Indian MCX Gold to identify this week’s trend.

In the chart, there are two different support levels. Wherein support level 1860 is for gold spot, and 49260 for the MCX gold.

I have used moving average and volume on Indian gold. At present, 50 MA is turning downside. If it breaks the parallel channel (PC), gold will fall for 50000 – 49860 – 49500 levels.

According to this chart, gold is trying to climb upward after hitting the PC. And if it remains into the PC, we may see 51000 – 51500+ levels before the weekend.

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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 Silver’s Next Target 65200 by the Elliott Wave

free silver tips chart

Here, I have applied Elliott wave, moving average, volume, and MACD. Wave 4 can be steady or sideways for a while. Overall, silver is in an uptrend. Safe investors can buy silver at wave 4 for the following levels:

Intraday Targets: 62100 – 63300
Positional Targets: 64260 – 65200

At present, moving average and MACD throwing upward signal by crossover. Technically, multiple volume spikes are a great sign of a bullish trend.

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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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MCX Gold Intraday Pullback Before Acceleration Lower

gold intraday calls hourly chart

Breakout Range: Approx. 3300 points
Hurdle: 50600 level

At present, gold is trying to recover the previous loss. The support level has broken (flat lower trendline), and it becomes resistance now. We may see the continuation of the downtrend from there. That could fall to the following levels: 49360 – 48760 and below.

Lion heart traders can hold for, 48000 to 47360.

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