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MCX Zinc & Lead Tips & Elliott Wave View

December 29, 2020, 7:05 pmJuly 1, 2023 0 20577

MCX Lead Short-term Cycle Shows Big Trend

It’s the daily chart of the lead. Here, it has made the bullish Elliott pattern, and the ABC correction was completed on the 24th of December 2020. And right now, it started to move upside as per the rules of the bullish Elliott wave pattern. And it will move upwards till 158.6 – 162.

MCX Zinc Will Touch 240 by EWT

Here’s the daily chart of the MCX zinc. It has made two Elliott waves. The first one is bearish, and the second one is bullish. The bearish was started from the 11th of April 2019 and ended on the 19th of March 2020. The bullish one started on the 19th of March 2020, and the fifth wave of this Elliott wave is remaining. In the Elliott wave theory, each wave has five sub-waves.

Short-term investors can see the following levels soon: 228 – 234 – 240.

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MCX Lead – Pitchfork, Bullish Flag & Double Top Pattern

November 24, 2020, 6:31 pmJuly 1, 2023 0 18228

Here I have used the three most popular patterns, which are pitchfork pattern, bullish flag pattern, and double top pattern on MCX Nickel daily chart.

First, let’s start with a pitchfork pattern. Nickel is running on the support line area. This movement indicates a continuous uptrend ahead.

The second thing is the bullish flag pattern, which also indicates the same. After a short reversal, nickel will start marching for the following targets: 162 – 164 – 166+

If the trend breaks the support line, there will be an activation of the double top pattern, which indicates the fall to the following levels: 148 – 145 – 142.6

Additionally, a breakout of the neckline is a direct sign of an extreme downtrend. And that will become unstoppable and hit the following levels: 136 – 132 – 128

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Gold and Lead Tips & New Update

July 21, 2020, 8:45 pmJuly 2, 2023 0 19742

Don’t SELL Lead Until Breakout This Line

As per this MCX Lead chart, it’s trying to march upward. We may see T1 to T3 soon. Further information I will update you soon.

Gold Exploded As Expected

UPDATE: Gold & Copper Overall Outlook Is ‘Strongly Bullish’

Yesterday’s Chart:

Today:

Gold call hit all targets level. Moreover, it has touched the key level within 24 hours. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

MCX Lead Hourly Chart, Elliott Wave, & Tips

June 16, 2020, 6:58 pmJuly 2, 2023 0 18299

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Special Reports: Gold, Silver, Natural gas, Nickel & Lead Tips

April 22, 2019, 1:24 amJuly 3, 2023 1 19530

Gold Trading Alerts & Ideas

The next gold strong support is 31300. It may take u-turn up to 31800 – 32000+.

But gold is not safe to short under 31300 to 31000 levels. It may drag it into a heavy downfall. More information will update for the members only. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Technical Perspective of Silver

As per the previous silver’s report, it’s continuously following our levels and under range. In this week beginning, It can jump up to 37600 levels. Don’t sell above to this level (37600). It can push it up to 37800 – 38000+.