If MCX index break 2783 level then today we’ll see many downward movements in many commodities, and mainly it’ll effect on bullion sector commodities.
Day before yesterday, what I had said about Gold?
Click here to read that again
I said, “If Gold break the yesterday low (26342) then we can see 26250-26165 below levels“
And yesterday Gold had completed my all targets!
The gold is looking continue weak. Best-selling opportunity will be arisen on, 25960 level or above levels. 25750-25660* levels are targets for sellers.
If the gold will stay above, 25960* levels for 2 consecutive hours then we’ll see unexpected up moves.
Exact time + Exact level + Stop loss = For premium subscribers only!
NOTE: Many NCDEX and MCX other commodities taking reversal because of sharply up moves of NCDEX index, and it’ll fly on sky if that index close or break & stay above the 2773 level for 3-4 consecutive hours.
More information I’ll provide due to market hours for premium subscribers.
Get free MCX ideas, chart setups, and analysis for the upcoming session: Commodity Tips →
Want to get premium trading alerts on gold, silver, crude oil, etc., and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium MCX Calls
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Research Reports, Premium screens, and much more. You΄ll quickly identify which commodities to buy, which to sell, and target today΄s.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
