Why Crude oil Not Closed At OR Below 2870 Level?
A Big history is available at this level. I will not reveal why but I can confidentially say, “if crude oil close below 2870 then nobody stops to touching these levels: 2800 – 2740 – 2655”
Crude oil is safe for short-term/long-term investors until it remains above 2940 level. Because 2940 level is indicating, it can go upside from here. And also it may hit 3030 – 3100 level again!
Now, this is the sufficient information for a smart trader. I don’t think, I will need to write about crude oil for next 1-2 weeks!
Gold and Silver – What’s Next?
As per technical base, COMEX Gold futures is weak. It hurdle is $1222.80 level. If it closes below this hurdle, then we may see $1214 – $1200 level before this weekend.
But if you are MCX trader then must wait for 27900 level breakout. This level will confirm the gold trend. If gold will close below the level, then BOOM!
Targets: 27500 – 27250 – 27060 – 27000
IF GOLD CLOSE ABOVE, 28500 THEN DOWNTREND WILL OVER!
MCX SILVER: I have already written about silver on last week. Click here to read the predicted future of silver!
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Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
I have intrest in physical business in gold and silver,are you giving tips for this segment.
MO.No.9427XXXXXX
sir I bought crude oil as your level. now target will come? ive mega 3lots
plz tell. thanks
Thank you so much!
-Akhil Pujari
Hello my name is dev chaudhary from UP. Bahot badiya kam kar rahe ho logo ki help karke. Shukriya!
Dev gold is not coming down. Not touching your level 27900. Should I sell now?
If it is not breaking or touching that level then why you want to sell? Keep patience. Do not trade without perfect entry level.
Thank you!
thanks for crude oil call sir. it was perfect!