MCX Gold & Silver – Massive Bull?
How many of you bought the gold? We have updated many times that the gold is bullish up to 39000 – 39600 – 40000+. Use the following link to read the previous articles:
- 29 Dec 2019 | Will Gold & Crude oil Keep Running Upside?
- 23 Dec 2019 | Gold, Silver, Natural gas, & Nickel Weekly Analysis & Tips
- 16 Dec 2019 | MCX Gold, Silver, Crude oil, & Zinc Tips & Updates
- 12 Dec 2019 | UPDATE: Is Gold Preparing to Rocket Higher?
- 08 Dec 2019 | Tips & Charts: Gold, Silver, & Crude oil Special Report
Keep eyes on opening gaps. Now it’s time for intraday traders.
Resistance: 41260 – 41360
It’s under pressure up to 42000 levels.
Caution: a big downfall (up to 39260) after hurdle breakout.
The Prospects Of Silver’s Next Upswing
Same for the silver as well. Scroll the older commodities articles from here: https://moneymunch.com/category/free-commodity-tips/
We had updated many times, MCX silver will hit 46600 – 48000 – 49900+ levels.
Check out the first report here: https://moneymunch.com/tips-charts-gold-silver-crude-oil-special-report/
It has touched the first two targets. Will it achieve the 49900 levels?
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What If Crude Oil Is NOT In A New Bull Market?
As per the above charts, the crude oil previous support trendline can continue the bullish trend. It could be up to 4692 – 4810 – 4900+.
The previous support trendline breakout: 4460 – 4360 – 4160
Technical Perspective of Nickel (Weekly & Intraday)
Nickel is showing up like falling. Is it? Its hurdle is the 1008 level.
Nickel needs to show a closing price above 1036 to come into a positive trend. It will a clear sign for 1050 – 1066+ levels.
Hurdle breakout: it could down up to 1000 – 986 levels.
MCX/CFD Gold & Silver Talk
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.
All Eyes On Natural gas
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.
MCX Nickel – Best for Intraday Trades
Nickel can be unstoppable. No Doubt!
Above it: 1070 – 1080 – 1090 – 1100+
Hurdle breakout: 1010 – 1000 below
Don’t stuck in fake out candles.
UPDATE: Will the Momentum in Crude oil Continue?
First, go and read crude oil special report: Crude oil Remain in an Uptrend?
We had written, “Above yesterday’s high and 4290 closing price, a massive upward rally will start for 4330 – 4390 – 4430 levels”.
Even our premium subscribers also bought crude oil at 4260 levels.
Crude oil calls the first target has achieved. Do you think it will touch the second & third targets?
Free subscribers can book full profit from Crude oil. The next update of crude oil will come for premium subscribers only.
Copper Technical Perspective & Update
Two days ago, we had updated a copper positional call.
Read here: MCX Copper Confirm Signals
Do you think prices will hike? If yes! Our targets are 445.6 – 446.4+ levels.
But as we see, copper is cooking something else. Copper is playing between support trendline and support area. It has tested more than four times 444 level since yesterday. It can fall for support 440 soon.
Accurate entry-level + stop loss + targets = available for the premium subscribers only!
Will Gold Breakout OR Breakdown Next?
Fib Ret 61.8% will work as a trend changer point.
Above this point TG: 80% – 90%
Below TG: 50% – 40%
Key: Lower Trendline
Accurate levels: available for premium subscribers only!
Silver Technical Perspective – Why So Bullish?
A new position can initiate on the trendline up to 44680.
Make a new position at trendline touch. Hurdle breakout will confirm the downtrend.
Now intraday traders know what to do next!
Will the Momentum in Crude oil Continue?
Above yesterday’s high and 4290 closing price, a massive upward rally will start for 4330 – 4390 – 4430 levels.
Keep your eyes on the hurdle.
Hurdle breakout: 4210 – 4200 below