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Look above MCX Gold chart, you can find – It’s presently playing between support level 28,068 and resistance level 31,016. Gold has lost all its April gains with closing at 28,505(-84). It will turn into positive if close over my resistance level 29,370 otherwise carry on drop downwardly. By investigation, we found fresh buying by stronger hands at support level 28,325.
This week, if gold run around our support level 28,325 and close below then sell on rise with targets: 28,070-27,960-27,880 below. As well as Gold spot is looking weaker rather than MCX Gold, look below chart:
For intraday / positional, when it will become 100% positive? I will inform to my subscribers only! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Stare up on MCX silver chart, if it close above ‘Bearish Spacing’ level 50,585 then we will see Mega-Buying (55K+) otherwise for short-term silver needs one more decline. Silver will kiss levels 41,000-40,000 in coming day. Hurdle for short-term traders: 43,040.
Try to sell on rise, if close above hurdle for 1-2 consecutive days then discontinue selling furthermore start buying for 44K-45K.
Now everything depend on you, how you build Monday first smart trade on Gold / Silver. Yes, I will continue update and also for intraday trading for subscribers!
Buy Gold between 28460 – 28480 S/L: 28420 Targets: 28650-28691+
Risk High – Profit Med – QTY Low
+SELL Gold @ 28450-28440 S/L 28492 Targets: 28340 – 28262 below
Risk Low – Profit High – QTY High
Now, smart traders can understand what to do!
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Today, MCX Gold and Silver is looking downward from opening bell but overall up! Gold comes in fear zone thus make your any discussion carefully.
I will update more due to market hours for members only!
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Sell sell sell!
Targets: 1174-1162 below
Read our 8th Apr newsletter/email, I had already written targets: 9670-9586 below
On 8th Apr, I had also written about Guard seed and Guargum. Both touched my all targets next day!
If you want to go safely, then sell Chana without any worry!
Close your eyes and go with it. Sell on every rise…
Targets: 2995-2981-2967 below
Are you thinking to buy copper for long term? O, wait a minute… don’t become in trap of copper movement… If copper close below 396 level this week for 2 consecutive days then we’ll look at 380-371 levels again.
Buyers, just relax and wait for consecutive closing above 408 level for 1-2 trading session. If copper successfully stay @ 408 or above then we’ll look at 420-426-432+
I don’t need to explain anything… Targets: 907-916-928
Remember, stoploss provided only to member..
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Everybody is talking about MCX Potato, I should to tell you once, “Targets: 1297-1319-1334+“. (S/L will provided to members only!)
House Republicans will move ahead this week with legislation to accelerate exports of American natural gas, which supporters fight will aid Europe and Ukraine break their dependence on Russian petroleum as well as cut Moscow’s power in the region.
United States – government could do much at no cost to promote private investment – including authorizing oil and natural gas exports, bringing clarity to the future of corporate taxes and moving forward on trade agreements that open up foreign markets. (reuters)
“+RIL and Solicitor general Mohan Parasaran’s, who on April 3 tried to defend the Centre’s decision to double the prices of natural gas before the Supreme Court,” AAP said.
Anyway, let’s move to direct main topic… This weak Natural gas is looking downward. Two major resistances are 274-288
Targets: 260-250 below
Finally, gold and silver had taken a small U-Turn on last week. From technical chart base gold and silver markets are forever cyclical…
Continue reading more about Gold / Silver reports… Only subscribrs see, what will happen in next week…
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First, we start talk about my last Gold and Silver newsletter email. You don’t remember? I had written on Mar 28, 2014 click here to read our last Gold and Silver tips.
I said about Gold, “Now Gold is looking bearish to more bearish from this level.
Targets: 28300-28132 [Remember, sell on rise]”
And on Friday our all targets blasted!
Our subscribers also sold gold, take one look below on my mobile screen so you can believe:
Today, MCX Gold [JUN] is looking weak. It will touch 27800-27700 in coming days… If gold cross 28200 level, then we’ll see at 28300-28450 today.. Remember, sell on rise.. S/L is available for paid subscribers only!
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I had also written Silver targets: 42446-41946-41446 [Click here to see silver tips]
First target done on Friday…
What you expect now? It will kiss remaining targets or not?