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We have updated this free silver to you at 7:17 PM (A few hours ago).
Click here: MCX Gold, Silver, Aluminium Tips & UpdatesWe had written, “…we will see 46260 – 46400 – 46600 levels”.
How many of you traded on the silver call?
The first target of silver has come.
Our subscribers bought silver at 46000. Screenshot:
Do you think it will hit the second & third targets?
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About 23/12/2019 6:30 PM Article: Commodity Gold & Aluminium Trading Calls & 15M Charts
How many of you traded on yesterday’s trading alerts?
The gold and aluminum call all targets has come.
Silver has breakdown the support trendline. It’s ready to hit the box bottom. If it’s not fake out a candle, get ready for 45760 – 45600 – 45560 levels.
Otherwise, we will see 46260 – 46400 – 46600 levels. You can also refer to 8th December article for the upward targets. Click here: Silver Price Setting Up For A Downside Price Rotation?
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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.
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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.
Nickel can be unstoppable. No Doubt!
Hurdle: 1030
Above it: 1070 – 1080 – 1090 – 1100+
Hurdle breakout: 1010 – 1000 below
Don’t stuck in fake out candles.
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Fib Ret 61.8% will work as a trend changer point.
Above this point TG: 80% – 90%
Below TG: 50% – 40%
Key: Lower Trendline
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A new position can initiate on the trendline up to 44680.
Hurdle: 44300
Make a new position at trendline touch. Hurdle breakout will confirm the downtrend.
Now intraday traders know what to do next!
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
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The gold is still trying to stay in the box. Check out my 8 Dec newsletter: ‘Tips & Charts: Gold, Silver, & Crude oil Special Report‘
But the silver is under my radar now. A big blast is coming soon.
And if you’re looking for crude oil, read that same newsletter. It’s also following the 8 Dec chart direction.
In short, gold, silver, and crude oil short-term & long-term trading calls & reports are available in the above link.
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The last weekend moves had down. When the gold brake below the box, the bears can win this battle.
Output: 36800 – 36000 – 35360 levels (Beware of fake out)
If the gold breaks the box upside in the future, then these areas will be support areas that can keep the gold from falling. And the result will come out with the following levels: 39000 – 39600 – 40000+
Support trend line breakout is a clear sign for STOP BUYING. Crude oil selling will start right after redline. I will tell you in the next update what happens if it breaks that line.
Keep buying at/above the support trend line for 4280 – 4356 – 4400 levels.
Remember, this strategy works for intraday and short-term investors only. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.