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Hurdle: 29560 level
The gold trend can change after breakout and closing below, 29560 level.
Soon Gold will touch Rs.30,000.
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Support: 36870
If silver will cross over and close below the level, then we might see more downtrend. It can drop up to 36500 – 36200 – 35800
Short-term investors may stick between 38000 – 37000 levels range. Silver like to play games with intraday and short-term investors.
On 6 December 2017 (5 Days ago) what I had said about Gold?
Click Here To Read My Previous – Gold Report
While gold was playing around, 29000 level I had said, “Gold Will Start Downside Rally Soon…
Targets: 28900 – 28750 – 28610 – 28500”
On last trading session, it touched, 28500 level!
500 Point target… (Earning Per Lot Rs.50,000)
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Support: 178
It’s reversal time. It will try to recover last week loss. We may see 188 – 195 levels.
Support breakout may drag natural gas downside up to 174 – 172
Crude palm oil dropped to continue in last week, but be careful. We will see uptrend soon in MCX CPO.
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What I had said in the morning about Gold?
Click Here Read My Newsletter
I had written, “Gold Will Start Downside Rally Soon…
Targets: 28900 – 28750 – 28610 – 28500“
Gold has been touched the first target.
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Did you read my previous Gold, Silver & Crude oil newsletter?
You should read that report now again: Click Here
Gold Will Start Downside Rally Soon…
In the morning, we have sent to subscriber Exact Entry Level & Stop loss. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Targets: 28900 – 28750 – 28610 – 28500
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Did you read 12th November report of gold?
First click here and read that report again.
On 12 Nov 2017, I had clearly said, “Targets: 29350 – 29200”
Gold has touched both targets!
If Gold will close above 29260 level, then we may see 29500 – 29650 levels in this week.
OR
If Gold will close below 29060 level then big downtrend will start. We may see 28900 – 28750 – 28610 – 28500
This information is sufficient for intraday/short-term investors.
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You must read the last report of Silver.
In 12th November 2017, I had said, “The resistance level of silver is last week high 40100 level. Targets: 39000 – 38800”
Silver touched the targets and still going downside. In last trading session, it made low 37300!
…I’m seeing a reversal in this week. We may see upside the silver for short-term. Exact Entry level and stop loss information will available for subscriber only.
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Did you read my previous Crude Oil newsletter? You must read it now because Crude oil moving as per my direction. Click here >
If you would like to know about Gold and Silver then read my last report.
Click Here to Read – Gold & Silver Report
Did you read my crude oil in the last report? [Click Here]
I had clearly said, “short-term downtrend … U-turn!”. It exactly did what we said to you!
In the last trading session crude had closed at 3667 level (+85 rupees).
Do you think crude oil remain up this week or move down?
Do you think crude oil will touch level 4,000?
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In the previous week newsletter, I had said lead will go down. It has performed exactly what I had written.
Click Here to Read – Last Lead Report [Part – 1]
Lead touched all targets. (Rs.25,000 Profit Per Lot)
So what are you thinking about this week?
As per technical research, we may see again 160 – 162+ levels. In last trading session, it had made high 158.9 level and closed at 158.75 (+2.2) level.
Next Crucial Level: 155.2
If lead will close below this level, then big boom!
MCX Crude Palm Oil is the best for small traders. Last week CPO dropped continuously 4 trading sessions and in last trading session, it closed positive (3.3+ rupees)!
It can continue downtrend from this Monday …but when we should sell? Whenever it crosses & close below 541 level. CPO can come down up to 535 – 529 levels.
But If Crude palm oil close/crossover at/above 549.5 level, then we could see 554-560+ level again.
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