COMMODITY TIPS: Silver & Crude oil walking UP together & Gold moving DOWN?

This week COMDEX index increased just +29.79 (0.92%). Gold and silver are walking opposite direction. Crude oil becomes top gainer and gained 4.52%. All metals are going down! What happening?

Let’s we go in deep!

Look Broad-Based ETPS Heatmap

commodity broad based etps heatmap

That’s clear proof why COMEX Gold & Silver futures are increasing. This heatmap is also answering why our energy sector commodities are top gainer for this week. But what happened last week with MCX Gold & Silver, you must check below chart:

gold silver weekly chart in change tips

You can figure out how bullion commodities are moving but below chart will take you in deep:

free commodity gold daily chart tips

Above chart is indicating if gold will close and go down to 28450 level then it can drag down up to 28300 – 28100 levels. And if it will close below to 27980 level then you can guess what will happen!

But if gold will remain above to 28450 level then we can see 28800 – 29000 in upcoming days.

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Commodity Technical Report for MCX Gold, Natural gas & Mentha oil

Natural gas started moving higher since late February, many risks in the futures market and fundamentally this is not a good time. Natural gas linked inventories are high, but this year it could go either way. This is all about long-term, and I’ll write the full report of natural gas on next week.

But if we talk about intraday / short-term then I’d recommend to keep selling below 203 and keep buying above to the same level.

commodity market intraday trading tips

As per technical basis, it’s time for bearish reversal and we can see March new high today or next week beginning. Today it can upward up to 210 – 212 level.

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3 Best MCX Commodities Reports and Gold, Silver & Crude oil Technical Analysis for Monday opening bell!

free commodity tips

We have mentioned many times in previous newsletters, “COMEX volatility because of political uncertainty”. Do you know, three trillion dollars gained in the U.S. markets after U.S. election? Major commodities were up last week. 0.25% interest rates risen last week and gold futures increased 2.67% & silver futures increased 2.75%!

Since March beginning crude oil future was declining but it had slightly recovered 1.16% on last week. The noticeable thing is crude oil future price doesn’t impact much on MCX energy sector black oil. And the interesting thing is MCX Natural gas moving upside like a boss!

MCX WEEKLY TOP GAINERSMCX WEEKLY TOP LOSERS
Natural Gas+7+3.62%Nickel-27.6-4.11%
Lead+3.25+2.17%Copper-10-2.56%
Silver+612+1.52%Mentha oil-24-2.40%
Gold+284+1.00%Zinc-4.05-2.15%
Aluminium+1.2+1.00%Cardamom-27.39-1.95%
CPO+0.9+0.17%Crude oil-54-1.69%
Cotton-100-0.47
MCXIndia Commodity Heatmap
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Commodity Gold, Silver, Natural gas, Aluminium & Copper intraday tips

mcx silver tips

Nowadays I like to recommend silver again and again because its out-performer and silver will outperform on next week too. Additionally, high buying pressure may drag silver from 43000 to 43450-44000 levels.

Hurdle: $17.8

Silver will definitely run upside nonstop, but you must be careful with the hurdle because massive selling pressure may occur if it will remain below the above-mentioned hurdle. If you don’t have sufficient knowledge technically & fundamental, then stay away!

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On last week natural gas has been broken uptrend. I don’t think we will see an upward rally on next week. I would recommend keeping selling natural gas for $2.732 – $2.640 levels. Even MCX Natural also going to fall down near about 186-180-176 levels.

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free natural gas tips

From 2017 year beginning, MCX Aluminium is rejecting to close above 127.5 levels. It can be bad news for short-term / long-term investors! But opportunity is still out there. If you pick aluminium above or @ 127.5 level then you book profit @ 128.5 – 129 levels. But this going to happen whenever it rises and close / crossover above to that level.

But if we talk about this Monday then it must…

mcx aluminium intraday tips

If anyone suggests me to sell copper then I will definitely do it but… for intraday trading only. I still don’t see any broken trend lines or signal as a reason for sell short-term or long-term.

Hurdle: $2.660

The intraday trader may see 396 – 392 levels but don’t trade blindly because copper will break 2017 year high soon. Subscribe to our free newsletter services. and get metal commodities complete reports & intraday trading tips.

free mcx copper tips
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Good News: Crude oil – Profit-Taking time

crude oil intraday trading tips

Did you know from second Feb I’m saying keep selling crude oil to subscribers & my tweets lovers?

Lookout, here’s my tweet:

niftyfuture

Crude oil touched both targets, enjoy!

Did you know our subscribers also sold it and booked now! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Even I have also told on 31st January. Click here to read that newsletter…

I had clearly said, “Targets: 3520-3480

What’s more you need?
Crude oil will continue go down or start moving up now? For to know it, subscribe our service now!

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MCX Crude oil, Natural gas, Aluminium, Nickel, Cardamom reports, tips & updates

free crude oil intraday tips

Crude oil is throwing bearish signals for upcoming days and making a trap for short-term investors & day traders. Intraday traders may sell on top for seeing a new low of the 2017 year!

Targets: 3520 – 3480

Crude oil will affect the natural gas direction. And remember, if natural gas will close below the 218.6 level for 1-2 days consecutively, then it will definitely come down up to 210-205 levels.

Natural gas may stay positive if it will hold above 218.6 level.

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If you would like to earn without any worry, then sell cardamom between 1440 – 1450 levels for 1400-1380. Perfect entry levels and stop loss will be provided to members only.

mcx cardamom tips

NICKEL UPDATE: If you’re planning to make the trade in Nickel then you must refer my last newsletter (click here) before taking any decision.
ALUMINIUM UPDATE: Aluminium touched all targets. Look the previous newsletter by click here

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