energy tips

Silver – BULL or BEAR?

If silver will break and close below to 39300 then we will see 39050 – 38600 – 37900 levels.

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Gold – Best for intraday trading!

Who are in sell position on Gold? They’re safe! The overall gold trend is down. If gold show closing above 29800 level then it trend can change for short-term. This week gold will try to recover last week loss.

More information about Gold I will update due to market hours for subscribers only.

Crude oil – Collapsing

Crucial Level: 2870
If crude oil show closing below this level then it will non-stop go down.
Targets: 2800 – 2700 below!

But… if oil will remain above crucial level, then what will happen?
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What’s next for the Gold

Last week gold gained 253 rupees (+0.88%). It is sharply moving upside but 5 important events are coming up. It will 100% impact on Gold price.

• US employment report
• US ISM manufacturing data
• UK PMI manufacturing data
• Fed Governor Brainard speech
• Eurozone flash CPI data

MCX Gold hurdle is 29020 level. If it will close above to the hurdle then we can expect upside rally. Targets: 29180 – 29400 – 29500+ levels

…But past saying, GOLD REJECTED MANY TIMES TO CLOSE ABOVE 29020 LEVEL. Gold will try to remain below the hurdle. If this happens then you may expect 28500 – 28200 levels.

Are you confused? Do you want calls due to market hours?

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Silver – Increasing Demand

Silver is playing the game very clearly. No need to do complex analysis or research or need to look in depth. Just keep watching 39870 level.

If silver will remain below to 39870 level then it may hit 39400 – 39000 below levels OR if it stays above to 39870 then we may see 41000 above levels soon.

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