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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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Fib Ret 61.8% will work as a trend changer point.
Above this point TG: 80% – 90%
Below TG: 50% – 40%
Key: Lower Trendline
Accurate levels: available for subscribers only! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
A new position can initiate on the trendline up to 44680.
Hurdle: 44300
Make a new position at trendline touch. Hurdle breakout will confirm the downtrend.
Now intraday traders know what to do next!
Above yesterday’s high and 4290 closing price, a massive upward rally will start for 4330 – 4390 – 4430 levels.
Keep your eyes on the hurdle.
Hurdle breakout: 4210 – 4200 below
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The gold is still trying to stay in the box. Check out my 8 Dec newsletter: ‘Tips & Charts: Gold, Silver, & Crude oil Special Report‘
But the silver is under my radar now. A big blast is coming soon.
And if you’re looking for crude oil, read that same newsletter. It’s also following the 8 Dec chart direction.
In short, gold, silver, and crude oil short-term & long-term trading calls & reports are available in the above link.
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We had written to the subscriber to buy at 37630. To become a subscriber, subscribe to our free newsletter services. Our service is free for all. Check this screenshot:
All targets of Gold has come (Rs.17,000 Profit/L).
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