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If we talk about today gold direction, then I should say gold will remain down because of political uncertainty. On next newsletter, I will write gold next move for short-term / long-term investors so doesn’t miss to visit Moneymunch.com on Monday.
Gold opening bell may downside and in opening hours it will try to run upside. I’d recommend keeping watch gold between 28800 – 28745 range.
Nickel looks under selling pressure. If it will remain below to 661.5 levels more than 15 min then sell nickel for 654-652 below levels.
If crude oil will remain down to 3600 level then sell it for 3540 – 3500 OR if it will stay above to 3645 then buy for 3680 – 3720 levels.
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It’s time to sell mentha oil around 1022 for 1010 – 1002 levels. Yesterday’s high is invalidation level.
Is gold bearish trend over? We will share a technical & fundamental report of gold shortly for premium subscriber but you must know that, if you’re day trader then keep in mind “gold will hit 29350-29550+ levels soon“.
This week I received so many emails from commodity traders and they’re asking to confirm silver level. Let me answer here…
Hurdle: 42000
If silver will crossover and close above the hurdle then buy for 42630 – 43300+ level OR if it will remain to the hurdle then sell the silver 41000-40000 levels…
Copper is making the trap for sellers. Do not sell the copper if you don’t know perfect strategy. We must recommend buying copper intraday each new low.
Targets: 396-398
Copper intraday trading exact entry level and stop loss are available for subscribers only! To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Mentha oil is under high selling pressure over a week. You can sell mentha oil without any worry for 998 – 990 – 986 levels.
President of the United States of America Donald John Trump strength is incredibly important. Now big responsibilities on previous WWE king hand so that will definitely create corrections, and it may certainly affect on Indian MCX Gold. Trumps’ victory pushed gold up, but short-term and long-term sides are not clear in bullion (gold & silver) sector commodities. I would prefer play on the technical basis in bullion and metal (crude oil & natural gas) sector commodities. Look at my previous newsletter by clicking here, I’ve updated technical chart of gold (5 min) and as per chart, you must stay with the trend. If gold will remain above 28450 levels then buy for 28800 – 29000+ levels OR if gold will close and crossover the 28450 level then sell for 28300 – 28100 levels.
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Would like to trade in natural gas? You must wait for closing above or below to hurdle 218.5 level. If natural gas will close go down to the hurdle for minimum 2 days then it can start to fall down for 205 – 196 levels OR if it will close above to hurdle consecutively 2 days then you can expect 235 – 254+ levels on next weekend. Opportunity is clear, but the choice is yours!
Did you know, our subscribers started selling natural gas from 19 Jan, 2017. Look at below screenshot:
Natural gas achieved both targets on 19 Jan trading session and it had also made low 222 exactly!
Metal commodities viewers must watch nickel and even benefited for small investors. If nickel will remain above 650 levels on next weekend then we may see 690 – 700+ levels OR if it will break 634 levels then nickel will come down up to 610 – 600 (or below) levels.
Did you checked or missed the last newsletter? Here’s aluminium last updated report.
I had boldly said, “…if it will cross/close above 124.5 leveler than my friends, you must buy for 126 – 128 levels.”
Aluminium has touched the first target on last trading session.
Mentha oil money maker commodity for small traders. You can sell it anywhere for 990 levels.
Crude oil mini will remain down and I strongly recommend selling it.
Don’t forget to pick good level!
Targets: 3067-3040-3020 below
Exact entry level and stop loss are available for subscribers only. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
NYMEX Natural gas will remain down until it breaks $2.780 levels so sell on high.
Unlock This ArticleFrom last two trading session, mentha oil is trying to move upside but aggressive sellers are falling it. Mentha oil is looking weak for today and best for the small traders. It can drop up to 967-961 levels.
Remember, it’s opening bell should be a downside and sell on top.
Exact entry levels and stop loss are available for subscribers only.
Don’t forget to read my last newsletter again. I have clearly said that what will happen with MCX Silver in coming days.
If you missed reading it, then click here.
Additionally, I would say MCX gold will show 28700 level soon.
