Hurdle: 4020
Upward Targets: 4070 – 4100+
Downward Targets: 3980 – 3960
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Hurdle: 4020
Upward Targets: 4070 – 4100+
Downward Targets: 3980 – 3960
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Into the last trading session, gold has taken an upside reversal. We can see the following levels: 32400 – 32600+
Note: don’t take any risk below 32K.
This week if you’d like to know more about MCX Gold direction then we recommend reading our last report. Click here > Gold long term forecasts
For this week: Gold’s strategy cleared above but if you’re planning to buy/sell silver, your trading strategy should be different here. Only premium subscribers can read ahead.
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Since last December, crude oil has started rallying upside. It has marched almost 1000 points! But the strange thing is, daily charts indicating downtrend now. See the above chart, all the major indicators (MACD, Stochastic, & RSI) are pointing downward ahead.
Further information will update shortly for the subscribers.
As per our last report of Gold, its ‘reversal’ going to end soon. Gold future will take U-turn between 1309 – 1302 range. Now intraday traders know what to do… Today, subscribers can expect tips from gold.
Due to the tension between India and Pakistan, we have sent three calls this week. You can check out our call’s screenshot:
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Do you have plans to buy silver today? Wait!
It needs to show closing price above 40000 level (and $15.820 level).
Targets: 40320 – 40500 – 40660+
So what happens if that will not happen! I will say this to subscribers only. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Strong Hurdle: 203 level
Natural gas should not close below to hurdle level for two consecutive days. Otherwise, a solid downtrend will start. That downturn can drag down natural gas prices up to 196 – 190 levels.
Note: don’t get trapped by fake out. It can show reversal up to 224 – 232 – 240 – 250 – 264+. Hence, be careful!
Major technical indicators are signaling a downward trend. As per the technical analysis, we may see 39000 to 38600 level in the upcoming weeks.
To read uptrend view, click here and read the last report of silver.
To read our last Crude oil report: click here
We had written, “MCX Crude oil and WTI Future will try to push itself upside soon. It can run max up to 3740 – 3800“.
In the last trading session, crude oil has made 3834 high. Our all targets have completed.
Next: Crude oil will 3900 and 4000 levels soon. But in one condition. That condition will reveal soon with subscribers only.
As per the above chart,
MACD: Bullish Crossover
RSI: Turning Down
Stochastic Oscillator: Bearish Crossover
Natural gas prices may hike after hitting 2018 uptrend channel. That can be up to 250 – 264+.
And the complete breakout of the 2018 year’s uptrend can decline the price. Further information will update soon.
Did you read our last nickel report? No? Click here
We had written, “Before the weekend, we might see the following levels: 832 – 840 – 850“.
In the last trading session, nickel has made 842.8 high. Our second target has come.
What do you think? Will it touch the third target or not?
Did you read our yesterday’s nickel report? No? Click here
We had written, “Before the weekend, we might see the following levels: 832 – 840 – 850“.
Yesterday, nickel has made 836.9 high. Our first target has come.
Do you think, it will hit the second and third targets? To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
To read our yesterday’s Crude oil report: click here
We had written, “MCX Crude oil and WTI Future will try to push itself upside soon. It can run max up to 3740 – 3800“.
Yesterday crude oil has made 3745 high. Our first target has come.
Our premium subscribers also bought the crude oil. Check the screenshot →
Will it touch the second target (3800) level today or not?
Note: Don’t forget to read again our yesterday’s Gold & Silver report.