Gold, Silver & Crude oil – Oversold but Broken!

Why Crude oil Not Closed At OR Below 2870 Level?

commodity crude oil tips signals
A Big history is available at this level. I will not reveal why but I can confidentially say, “if crude oil close below 2870 then nobody stops to touching these levels: 2800 – 2740 – 2655

Crude oil is safe for short-term/long-term investors until it remains above 2940 level. Because 2940 level is indicating, it can go upside from here. And also it may hit 3030 – 3100 level again!

Now, this is the sufficient information for a smart trader. I don’t think, I will need to write about crude oil for next 1-2 weeks!

Gold and Silver – What’s Next?

As per technical base, COMEX Gold futures is weak. It hurdle is $1222.80 level. If it closes below this hurdle, then we may see $1214 – $1200 level before this weekend.

But if you are MCX trader then must wait for 27900 level breakout. This level will confirm the gold trend. If gold will close below the level, then BOOM!

Targets: 27500 – 27250 – 27060 – 27000

IF GOLD CLOSE ABOVE, 28500 THEN DOWNTREND WILL OVER!

MCX SILVER: I have already written about silver on last week. Click here to read the predicted future of silver!

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UPDATES: MCX Silver, NCDEX RMSEED & Coriander intraday tips

free commodity mcx silver intraday tips

What had I written about MCX Silver and NCDEX RMSEED & Coriander in the previous newsletter? First, click here and read it now.

What I said
SILVER: I have to say, write, 38300 level somewhere. If Silver close below this level then you will see 38000 – 37500 – 37000 below levels in the upcoming day.

CORIANDER: No Mixed Opinion & No Confusion: Direct Commodity Trading Decision for Coriander
Targets: 6260-6170

RMSEED: If Rape Mustard Seed (RMSEED) will close and cross 3722 level then sell without any worry!
Targets: 3670

Did you know, Silver touched the 1st target and just missed 5 rupees yesterday to hit the second target. Coriander touched all targets and Rape Mustard seed is on the way!

Now the big question,
“Silver will touch 37500 and 37000 targets?”

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TIME TO SELL: MCX Silver & Crude oil – Tips & Updates

free commodity silver tipsWhat had I said about Silver? If you forget it then click here and remind now
I had said, “If it (silver) will crossover and close below the 41160 level, then you can sell for 40952 – 40760 levels.

The day before yesterday silver was closed at 41129. Yesterday it started moving down and touched all targets!
I hope, everybody enjoyed FREE tips.

Crude Oil – Will Go more Down?

free crude oil intraday tips

What had I written about Crude oil? Again, click here and read it now

I had said, “Crude oil will hit 3170 – 3140 levels soon”.

Yesterday crude oil made low 3156. The first target has been achieved and crude oil at 3183 level.

Do you think, it will hit the second target too?

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TIME TO SELL: Commodity Silver, Crude oil, Nickel, Lead & Mentha oil tips

Commodities Weekly Roundup

If we see Major commodities by Top Losers then crude oil took the 1st place. It lost -212 rupees (-6.20%). Natural gas also dropped on warm weather predictions. In my previous weekly newsletter (click here to read), I had said, “if it (crude oil) will remain down and close below to 3400 level then sell for 3300-3200 for next week!
And as I said, “crude oil made low 3195 and closed at 3208 in loss -93 rupees (-2.82%)”.
I hope, everybody booked profit at 3200 level (Earned Rs.20,000/lot) in last trading session!

Where crude oil go now? Keep reading… The answer is below!

Futures-based ETPs: Precious Metals -1.04%, Industrial Metals -0.32%, Energy -6.64% and Agriculture -2.08%.

In last week all major commodities were down and Gold & Aluminium tried best to remain upside. Look at bottom of this article for weekly MCX Top gainers and Top losers.

Is Silver Best for Sell Today?
FREE Commodity Silver TipsSomeone asked during the phone call, where gold will go? while I was saying everybody SELL Crude oil. Opportunity is most important. If anyone thinks, GOLD is my favorite and I want to trade daily in Gold then I don’t think it works all the time! You must jump on the right commodity at right time!

Silver is better than gold in this week.

If it will crossover and close below to 41160 level then you can sell for 40952 – 40760 levels.

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MCX Lead & Nickel – Technical Analysis

free mcx lead intraday tips

The lead had lost -5.6 rupees in last week and closed 139.10 level. You must check my previous week newsletter to study Lead chart by click here.

MCX lead had broken uptrend line and it can go more down from here if we see closing below 139 level.

On this week, the lead may go downside up to 134 – 132 levels if it runs as above mention.

Do you think nickel will more down this week?
I think silence is the best answer. Read my previous week newsletter by click here.

CRUDE OIL: Wait for Good Entry Level & Print Money!

Free commodity crude oil tips
Crude oil is running very fast downside. It can take some rest and may try to run 3300 this week. I will not say perfect entry level this week.

…But Crude oil will hit 3170-3140 levels soon.

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Commodity Gold, Silver, Crude oil, Nickel, Lead – Technical Analysis & Tips

commodity broad-based etps heatmapIt’s very hard to decide which direction bullion commodities will go now because Shanghai-based bullion bank said, “If Trump is to perform some military action against North Korea, gold will definitely reach $1,300.” After Trump’s victory bullion commodities are going upside and metal commodities are going down. Look at the broad-based ETPs heatmap to understand last week games and that’s clearly indicating Precious Metals & Energy was positive and Industrial metals was weak.

Above COMEX market wrap-ups can help you to understand the MCX previous week movement. You may see last week Top Gainers & Top Losers below to get how that impacted:

TOP GAINERS TOP LOSERS
Silver11922.88%Nickel-30.1-4.58%
Silver mini11832.86%Nickel mini-30-4.57%
Silver micro11782.85%Copper-9.85-2.62%
Gold7252.53%Copper mini-9.7-2.58%
Gold mini7082.47%RBDPMOLEIN-13-2.39%
Gold petal541.86%Aluminium-2.65-2.11%
Crude oil mini621.85%Alimini-2.6-2.07%
Crude oil611.82%Zinc-3.35-1.95%
Gold guinea3961.70%Zinc mini-3.35-1.95%
Cotton800.39%Cardamom-21.3-1.53%
Natural gas-2.9-1.38%
CPO-4.9-0.94%
Lead-0.45-0.31%
Lead mini-0.45-0.31%
Mentha oil-3-0.30%

Previous week MCX Top Three Gainers(in Mega) was Silver (2.88%), Gold (2.53%) & Crude oil (1.82%) and Top Three Losers(in Mega) was Nickel (-4.58%), Copper(-2.62%) & RBDPMOLEIN(-2.39%).

GOLD & SILVER – BEST FOR INTRADAY TRADING

Moneymunch received so many comments & emails about Gold & Silver next moves. As per reader request, I should say 29000 to 29800 levels range are a trap for short-term/long-term investors. You must keep playing intraday trading between this range. If gold will break this range then my email will come in your inbox.

But if we talk about Silver then I should say buy at/above 42700 level after closing, for 43000-43400 levels.

CLICK BELOW “READ MORE” BUTTON TO READ CONTINUE… MCX GOLD, SILVER, CRUDE OIL, NICKEL & LEAD TECHNICAL REPORT…

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