Metal commodities wrap-up, Crude oil & CPO – At Turning Points?

Yesterday metal sector was going down. Look at Top Losers chart, if you will excerpt Agri commodities then metal sector commodities can be in top 5 losers list. If you’re planning to sell today any metal, then wait… Today it’s recovery time! But if we look at zinc, I don’t think we should wait for more. Look at my MCX Zinc report by click here.

You can see in the chart, Zinc support is 171.4 level. Yesterday, it had closed at 168.40 (-2.06%). Do you think Zinc will touch 163.2 level before this weekend?

Subscribe to our service to read full report of zinc >>

mcx top losers tips

Crude oil is going to show the negative price in opening bell. It’s a big trap! You must keep your eyes on $52.90 level. If crude oil breaks this level, then we can see $52.60 today.

If it will remain above to $52.90 then nobody can stop the crude oil to touch $53.20 – $53.40 level.

crude oil intraday trading tips
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UPDATES: ZINC, USDINR & EURINR INTRADAY TIPS

mcx zinc TIPS

This is the time, you should remind what I had said about MCX Zinc. First, click here and read my previous Zinc report.

You can read I strongly said, “If zinc will remain below 177.25 level then keep selling for 173.3 – 171.4 levels.”

niftyfuture

ZINC TOUCHED BOTH TARGET!
So many traders commented on Zinc report. They earned approx. 5.85 point from this call. That means, per lot they earned Rs.29250!

THIS WEEK WEEKLY REPORT (INCLUDED GOLD, CRUDE OIL & LEAD) – AVAILABLE FOR SUBSCRIBERS ONLY!

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What did I say in the previous NSE Currency weekly report? You must read it now by click here >>

I had written, “If you want to sell anything from NSE Currencies, then I strongly recommend EURINR pair. Use my below levels as targets: 69.14, 68.65, 67.4 & 66.5”

EURINR closed 68.55250 on last trading session. And it touched my second target 68.65!

What else you need?
Do you want to know, will EURINR touch 67.4 & 66.5 level on before next weekend?
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eurinr currency trading tips

Do you remember, what I had written about USDINR in the previous newsletter? Click here to read that again

I had said in bold words, “Level 64.90 is crucial support and 64.40 is very strong support. If it will break crucial support then you can sell it for 64.40 level.”

On last trading session, it touched 64.40 targets.

I hope everybody enjoying free tips!

usdinr-moneymunch-1-16-14
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MCX Zinc tips: Biggest downfall may start from today

free commodity mcx zinc tips

Look at above chart, MCX Zinc is going upside over 1 year. In last two trading session, it had broken 1-year Support trend line. Since the December 2016 year, Zinc price locked in a trading range bounded by upside resistance (197.5 level) and downside support (171.4 level).

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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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USDINR & EURINR – Monitor the Support & Resistance for Earn Money

eurinr intraday tips yearly charts

If you want to sell anything from NSE Currencies then I strongly recommend EURINR pair. Use my below levels as targets:

  • 69.14
  • 68.65
  • 67.4
  • 66.5

How to use above level?

If it will close below the 69.59 level, then sell it for 69.14. Next, if it will break and close below to 69.14 then sell it for 68.65… continue!

And if it will remain above to 69.59 levels, then watch it only. Buying pressure may push upside up to 70.5 – 70.7 levels.

This is sufficient information for Smart intraday traders!

eurinr indicator opinion signals tips
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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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