bullion tips, Commodity MCX / NCDEX tips, FREE Stock, Commodity & Forex tips, Gold & Silver ( Bullion ) tips, mcx tips

Don’t Get Yourself Into a Bull Trap With MCX Gold

free commodity gold tips daily chart

free commodity gold tips daily chart

Key levels: 47948 – 49290
Gold is rejecting uptrend and downtrend at the level of 47948. And we don’t see a powerful movement in the 2021 year, wherein it throwout the level of 49280 successfully.

Here, you will have a strong support level, wherein we may decide about buying or selling. And it is the level of 47948. Intraday traders can keep buying the gold for targets of 48360 – 48640 – 48890 – 49280 until it remains above the level of 47948.

But, if you see a breakout of the first ‘key’ level, then sell it for the targets of 47480 – 47060 below.

Buyers must be aware these days. Why?
The gold prices may push down with power compared to an uptrend because of Coronavirus (Omicron).

For advance traders, watch significant releases or events that may affect the movement of gold, silver, crude oil & natural gas:
Tuesday, Dec 28, 2021
20:30 CB Consumer Confidence (Dec) – High Impact

Wednesday, Dec 29, 2021
03:00 API Weekly Crude Oil Stock – Medium Impact
21:00 Crude Oil Inventories – High Impact

Thursday, Dec 30, 2021
19:00 Initial Jobless Claims – High Impact
21:00 Natural Gas Storage – Low Impact

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Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.

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One of the few non-biased certified advisors that one correctly called the current bull/bear market before it began. And to have positioned their clients accordingly. As a result of their accurate forecasts in the commodity and forex markets, they are becoming increasingly more renowned. They(he) had been quoted in many newspapers as Mr.Dev(s) and highly recommended by local financial newsletters & advisory services. Most of them have been working since the 1997 year. Mr.Dev also is the founder of Forex account management services on Moneymunch.com.

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  1. Thank you so much for fulfilling my request.
    Gold is always a big deal for me. I am glad you saved my hard earned money by posting this article.

  2. Please give regular update about commodity.
    You are only analyst who analyses commodity perfectly.

  3. It’s look like gold is very weird 😂. It’s very lazy.
    By the way, thanks for this master piece.

  4. Thank you, I’ve recently been looking for information approximately this subject for a long
    time and yours is the greatest I’ve discovered till now. But, what about the bottom line?
    Are you positive concerning the supply?

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