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Everybody knows, Moneymunch is official website for the Long-Term / Short-Term shareholders. From September 10th, MCX Gold is continued playing between resistance 31,100 and support 28,350 levels. This year has been not easy for bullion investors in India. The price went from a high of approximately 35K to where it is nowadays, in the mid-29K range. It has fallen 26% this year, but remember it is still at a very high level compared to historic investment demand. What is behind the jump down in the gold rate? Simple answer is Dollar index and Gold index pressure on prices.
So what will happen tomorrow and into this week?
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Look above chart [Note: For smart traders only] Targets: 44000 – 43500 – 42500 below Now rough resistance 46,000, you may say hurdle also… Keep in mind, Monday morning 80% chance to open upper side Above resistance, it will become important support because later targets will be 47000-48000 upper… Are you thinking, above silver information is crazily write but what to do… I will give exact information to subscribers due to market hours!
Let’s come to the point directly. I had written about Crude oil in my last free commodity newsletter. New readers, go here for: check free crude oil tips. Crude oil closed below hurdle 6060 and what you think now? Will we look MCX Crude oil at 6000-5942-5884-5833 levels? I think, don’t need to explain again.
Natural gas overbought in last week. Our subscribers and free users also minted money by our 10th Dec newsletter. Thus, expecting correction and it may take U-turn. More information about Natural gas will be updated for members and Big correction alert I will send you due to market hours!
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Yesterday, what I said about Crude oil huh? CLICK HERE TO REMEMBER IT I said, high probability of downward without any doubt. Intraday + Short term targets: 5943-5884-5833-5800 Crude oil kissed our first target 5943 level, enjoy! What you expect now? It will go more down or not? I will say it to members only!
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You want to earn safely from Nickel? Then listen to me very carefully, once it open upward then buy it @ opening bell with targets: 855-860+ and if it open downwardly keep silent!
Yesterday I said, if open downward then sell it but it was opened positive so call become deactivated and today Buy Natural gas without any worry! Intraday Targets: 260 – 261.2 Short term (positional): 263 Stop loss information to our member only at due to market hours.
Hey members, do you remember, huh? I sent SMS 12:29:40PM: SELL MCX SILVER @ 44000-44030 S/L 44080 TARGETS: 43860 – 43425 RISK ONLY 50 AND PROFIT 500+ TRADE WITH MED QTY – LOW RISK BOOKED FULL PROFIT @ 43860 LEVEL What else subscriber need.! I hope, everybody enjoyed… Today, I am going to update commodity mcx silver new level with chart and Gold monthly direction report with tips but for subscribers only!
MCX Gold is looking weak for this week. Maximum it can move downside upto 28790-28548-28103 level. Gold can take a U-Turn from 28,326 level, so keep this in your mind. If Gold make closing above 29158 level, then understand it will kiss 29660 – 30000 level.
What you think about Silver move? See it below if you’re member.!
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110% Looking downward without any doubt. Intraday + Short term targets: 5943-5884-5833-5800 Remember, keep your eyes on 6070 level because once it closes above this level then you will big boom in crude price. Smart term, keep in your mind.
Go & Sell, if you look negative, opening bell. Targets: 252.2-251.1
After 2002 year, first time I look MCX Gold chart in downtrend. U.S Gold Friday close at $1250.4, up $5.8 for the week and silver added 13.2 cents. U.S. Dollar – Indian Rupee move will effect on Gold movement plus U.S. Index break support 80.3 and close below this level continuously 2 days then we’ll see big bloodbath in Gold movement.
Look above MCX Silver chart carefully. You will get easily if silver break support or resistance then something happen otherwise you need to trade between ST and RT simple!
This is what happening in Silver but what will happen in this week, do you guess it? I will say it to members due to market hours.
MCX Gold Trend, Support and Resistance with weekly outlook are available for member. subscribers, please use your username and password below for read more
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Look above MCX Copper chart, it’s running between my support & resistance from couple of weeks and if break support then it will kiss 435-430-428 without any trouble. This week copper 80% chances to break support. Thus, keep your eyes on support only!
Remember, if copper will not break support then definitely we will look at 450 above closing and after direct resistance!
Day before yesterday at 9:47AM what I said about Guar Seed? Click here to read it I had written, “Today, intraday traders can sell guarseed Targets: 4747-4677-4595 below” It kissed our first target at same day and continuously moving downwardly. What you expect? It will kiss my all targets or not?
Note: I was updated NCDEX Castor seed & Cotton on 29 Nov, but both are open opposite to my words as said. I hope, you’re following advice and if not then read carefully next time. (Because I was said if open positive then buy castor seed and if open downward then sell cotton!)
MCX Aluminum is falling downward continuously after break our hurdle 111. I told you my subscribers, it will move downward. Anyway, yesterday, Aluminum made new low 107.8 level in 3 months. Expecting more bloodbath with targets: 106.7-105-104.3 Above each target is 1 hurdle. Be careful! More information about Aluminium to member.
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What I said on 19 Nov by last newsletter about Silver? Click here to read it again [sws_blockquote_endquote align=”” cite=”” quotestyle=”style02″] I told you, “Bullion sector is very weak for next few weeks. Anyway, Intraday traders Go and sell silver without any worry. Targets: 45,034 – 44,690 – 44,433″ [/sws_blockquote_endquote] Silver completed my all target yesterday & members Sold @ 45,350 & Booked profit @ 44,580 without any Stoploss, what else you need?
What you think now about Silver huh? It will move continuously downside or may go upward? For to know about Gold / Silver direction, subscribe our service!
NCDEX Dhaniya made new high 7378. Buyers, keep your eyes on it. If once open upwardly then go and buy it for collect small profit. Targets: 7415-7471+ More information about Dhaniya, due to market hours for members.
NCDEX Are you ready? Go and Sell RMSEED (Rape Mustard Seed) without any worry, but remember it should be open downward. Targets: 3767-3753-3742 below