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What I was said about Gold yesterday? If you forget, then click here to see it…
I had boldly mentioned on chart “WARNING FOR BUYERS: 26385 LEVEL IF GOLD BREAK / CLOSE BELOW TO THE 26,385 LEVEL THEN IT’LL FALL DOWN NON-STOP AND TOUCH 26140-26040 ON LEVEL…“
Look at now, gold just completed my 1st target!
DO YOU KNOW? Today our subscribers sold Gold at 26400 level? If you don’t believe then checkout below screenshots:
Look at now! Silver both targets touched! Enjoy..
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Look at above gold intraday chart, its clearly showing downtrend still not completed. On the above chart, the green round circle is clearly highlighting the future of gold.
Look at the below commodity gold yearly chart:
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Unlock This ArticleMCX Index is playing important role for to know market forecast, and yesterday it had closed near to hurdle 2798 level, so I’d like to inform that if today the MCX Index close below to hurdle then we’ll see S1 2792 & S2 2784 OR if it shows closes above to the hurdle then we will up rally up to 2824 level.
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If the mentha oil stay for an hour below the 894 level then it may show you downfall but if it starts showing buying pressure then remember it will break today 902-906+ levels.
I will update during the market hours more information about mentha oil for subscribers!
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Gold was dropping since 15 Oct, and yesterday it has suddenly broken all intraday trend lines and started moving up, but today opening bell will make you for think twice.
Support: 26900
If it closes or stay below to the support then we may see again big downfall up to S: 26700 – 26600 levels and if it stays and close, close above to the support then we’ll see R: 27094 – 27172 – 27286.
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You may keep selling copper until it close above 343 level. Copper will be hit 338 level soon. If that close above to 343 levels, then we may see some up moves…
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On last newsletter I’d said,
“Gold hurdle: 27350
If the gold stays below to hurdle then it will lookup us 27110-27000 level“
CLICK HERE to check last update
On same day the gold made low 27061 and touched our first target.
But the gold is overall moving up from the last two weeks but I don’t think it can move continue without any stop. For long term / short term investors should keep silence until it cross and close above 27620 level because that level can open doors for buyers.
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Do you remember 15th Oct, 2015 newsletter? Click here to read it..
I had written, “Silver hurdle: 37750
…And if silver stays below to hurdle then it will lookup us 37300-37068”
On same day silver made low exact 37068 level and completed our both targets.
Now silver looking quite up but overall it’s still down and downtrend will be being after the silver show us closing below to 37250 level below.
And if it close below to 37250 on this week then we will see again 37068 to 36900-36720 levels.
Silver will be stay positive and hit 37600-37700+ if it stays above to 37250 level.
Gold and silver both are constantly moving up as I said to you in previous newsletter (click here to check newsletter) and for today I’ve two hurdles to judge it trends.
Gold hurdle: 27350
Silver hurdle: 37750
Both hurdles are crucial, and it’ll break on the opening bell. Remember, once it breaks & stay above the hurdles for consecutive an hour, then we’ll see 27450-27560 levels in gold and 37950-38160 levels in silver. And if bullion gold & silver stays below the hurdles, then it will look up us 27110-27000 levels in gold and 37300-37068 levels in silver.
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