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MCX Gold – Setup Final Opportunity

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free commodity gold tips & chart

free commodity gold tips & chart

According to this chart, gold is further advance. Intraday traders can see 49860 – 50000 levels soon. We may see 50200 – 50400 in extension before the weekend.

If gold breaks the support trendline, gold can collapse up to the trend diversion point (from 49560 to 49400 levels). Speculators can enjoy both rides.

Once it breaks the support trendline, I will update you.

Note: gap acts as resistance.

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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