MCX Gold & Mentha oil Tips & Updates

PART 2: When Will MCX Gold explode?

free commodity gold chart tipsOn 15 Feb 2021, I have written an article on Gold. First, click below & read again:
When Will MCX Gold explode?

I have written in that article, “If gold remains below 47296 levels, it will come down to 0.618 value of Fib retracement. Targets: 46860 – 46600 – 46000 – 45660 – 45200“.

Gold has touched all targets.

free commodity gold tips

NEW UPDATE:
Keep eyes on the retracement value of 0.618. It will act as a resistance.

Targets: 44260 – 43600 – 43000 – 42260

Alternative scenario: If gold remains above 45200, it may try to hit 0.382 (TP: 46000 – 46800+).

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UPDATE: Mentha oil – Profit Booking Time

How many of you bought Mentha oil after reading this report?
MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’

free commodity mentha oil chart tips

Mentha oil made a high of 964.9 yesterday, and the first target has come.
Approx. Profit /L = Rs.15,000+

The short-term investors can book profit here. As I mentioned in the above chart, it’s MA crossover time. It may move sideways.

Overall, it’s in an uptrend. Hence, the targets will remain the same.

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MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’

Free commodity mentha oil chart tips

First, wait for a clear ascending triangle form. Right now, MCX Mentha oil at the support trendline (rising lower trendline). It will try to hit 964 – 986 – 1000 – 1020 levels from here. Intraday traders can go with the current trend.

But don’t buy below the support trendline. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

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Money Making Time: Silver, Crude oil, Zinc, Mentha oil & Cotton Tips

Is Silver Under Pressure?

commodity silver tips & signalsSilver’s downtrend can continue this week. If silver shows closing price (or breakout) below 37180 level, it can touch 37060 – 36960 – 36800.

Traders should avoid selling silver after breakout or closing above 37660 because this level can move up the silver’s price above 38000 to 38500.

Crude oil: The downside prevails

crude oil tipsIn the last week, crude oil price jumped down to 3186 levels. Will the crude oil prices descend as per our previous report?

Click here and read that report now.

Zinc: Turning down?

mcx zinc tipsHurdle: 182.5

The RSI & MACD shows downside momentum. Below the hurdle level, lead’s price can collapse up to 175.6 – 172.6.

Above 182.5 looks for further upside with 185 – 187 – 190 as targets.

mcx mentha oil tips

Mentha oil: Watch 1500 level

Mentha oil freeze nearby our resistance level. What will happen next? To know it, click here and read our last mentha oil’s report.

mcx cotton tips

Is Cotton Aim 20500 Level?

In the last trading session, cotton is closed at 20770 (-250 rupees). Cotton price is under heavy downfall. Bearish trend continuation can drop the cotton prices up to 20680 – 20500 levels.

Note: Tomorrow we are going to update a special report of Copper. Don’t miss out!

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Special Report: MCX Lead & Mentha oil Tips

Lead Tips – For Advanced Traders

mcx lead tipsIt’s a perfect time to enter the lead.
Hurdle: 137
Targets: 135

Condition: wait for a breakout of the hurdle level.
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mentha oil tips chart

Mentha oil Technical Report

In today’s trading session, mentha oil should come back at 1500 price. Otherwise, these targets will come soon: 1400 – 1350 – 1280

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Special Report: MCX Crude oil & Mentha oil Trading Signals

free crude oil intraday tips

Will You Sell Crude oil?

Today crude oil will remain under downward pressure. It can move down up to 3700 – 3610 levels.

Caution: once it will crossover the yesterday’s high, stay away.

Is the Mentha oil Bull Back?

Support: 1600
If mentha oil drops back below 1600, we will see 1540 – 1500 levels.
If not, it will keep continuing moving upside up to 1660 – 1700.

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Will you Buy/Sell MCX Lead, Zinc, & Mentha oil?

free lead tips

Lead’s Time Is Coming

Don’t sell lead above 139.6 level. It can ride upside up to 142 – 144.8.

But if you see a closing price of lead below or around 136.2, we could sell for 134 – 132.6.

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free zinc tips chart

Is Zinc’s Freefall Over?

As per chart, we should follow hurdle levels.

Hurdle: 182.4
Upside Targets: 186 – 190 – 200
Downside Targets: 178 – 175 – 170

Part II: Mentha oil prices can Explode from these levels

free commodity mentha oil intraday tipsIn the previous Mentha oil call, we had found strong resistance. New support level is 1600. We may see a bounce from 1740 level.

Special Report is coming on Gold, Silver, and Crude oil soon.

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