Gold & Copper Overall Outlook Is ‘Strongly Bullish’

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This Will Signal A Massive Gold Rally

After a short reversal, gold will start marching for 49060 – 49200. Don’t mess with gold below support trendline.

Can we expect a key level as a target? Yes, and I will update it into the next newsletter.

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Copper Warning – This is Not a Selling Opportunity

Copper has made a high of 509.25 and took U-turnWe may see at all-time high soon.

S-RSI is a key to take an entry.

Black Gold will explode soon. Read the previous report here: Crude Oil Trading Strategy & Calls

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Gold Long-term Trend Analysis, Tips, & Chart

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As per the chart above, gold is trying to take a U-Turn. It can slip for 47460 – 46760 – 46260 levels.

As per the S-RSI, it will start running upside soon for the dynamic resistance level of 53900. Hence, targets: 49560 – 50000 – 52000 – 53000+

Don’t forget to keep your eyes on downtrend level 46260.

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Gold & Aluminium Intraday Chart & Tips

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Gold’s Next Big Move

Gold has made a new high as per the last update based on Elliott wave theory. You can check the last updated chart: This GOLD Elliott Wave Will Confirm The Next Move

For intraday traders:
If that is a right shoulder, C (T1) and C (T2) are the next targets. S RSI is confirming the downtrend by crossover.

For the long-term investor (Hurdle Breakout):
T1: 47560
T2: 47260
T3: 47000

Invalid: Above 48400 OR Head.

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Aluminium Are Presenting A New Opportunity

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Expectations For Higher MCX Gold Prices (15M Elliott Wave)

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Support: 46400 – 46360
Targets: 46800 – 47000 – 47200

A breakout of the parallel line means downfall. Beware of fake out. It can fall the prices around 46100 – 46060.

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