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Today we have updated the short-term view of gold: Click here
But what about Intraday? Look at the below chart:
Today gold is positive up to 39080 – 39120+ levels.
As described on the chart, a breakout of the seller area falls the gold prices up to 38850 – 38800 levels.
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8th Dec Gold’s Chart
(Click here to read that article: Gold, Silver, & Crude oil Special Report)
Eventually, the gold has come out from the box. The next hurdle is 39260 level. Above it, be ready for 39600 – 39800 – 40000+ levels.
A Strong Support Level: 38560 (Below this, A Big Downfall!)
Intraday Gold’s Call Update
Read here: This 15M Chart Will Confirm The Gold Trend
In the last trading session, we have updated the intraday tips of Gold.
“TG: 38950 – 39000 – 39060+”
All targets have achieved on the same day.
What will happen next?!
It will keep running for 39600 – 39800 – 40000+ levels? Or STOP HERE?
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About 23/12/2019 6:30 PM Article: Commodity Gold & Aluminium Trading Calls & 15M Charts
How many of you traded on yesterday’s trading alerts?
The gold and aluminum call all targets has come.
Silver has breakdown the support trendline. It’s ready to hit the box bottom. If it’s not fake out a candle, get ready for 45760 – 45600 – 45560 levels.
Otherwise, we will see 46260 – 46400 – 46600 levels. You can also refer to 8th December article for the upward targets. Click here: Silver Price Setting Up For A Downside Price Rotation?
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Strong Support: 133.36
Aluminum is taking U-turn from each lower trend line hits. Where’s the tail? Will it keep moving upside from here to 134.6 – 135+ levels?
The support breakout will increase the selling pressure. And it can fall up to 132.8 – 132.2 level.
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Gold is playing into a box since 8 December. I have drawn that chart here: MCX Gold at Support – The Upcoming Move
8 Dec Article Url: Silver Price Setting Up For A Downside Price Rotation?
Silver could try to test the 45400 levels. If we see the consecutive closing price above this level, the silver will fly. And targets will remain the same as I have written into the 8 December article.
And if the silver will breakdown the support line, nobody can stop to fall. Downside targets are also available in that article.
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As per this chart, natural gas moves back to under bearish trend. Its price is also close to the support level. It will impact on MCX natural gas prices.
MCX Natural gas: Hurdle – 167.6 and Support – 157
Especially intraday traders… My regular chart followers know what’s going to happen next!
For short-term investors:
Will natural gas comes out from the downtrend before next weekend? What will happen if natural gas breakout the strong support?
I will update you in the next report before this weekend end.
Nickel can be unstoppable. No Doubt!
Hurdle: 1030
Above it: 1070 – 1080 – 1090 – 1100+
Hurdle breakout: 1010 – 1000 below
Don’t stuck in fake out candles.
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