Enhance your MCX silver trading skills with Moneymunch’s free silver trading tips and market analysis. Stay updated on the latest commodity market trends and make profitable trades.
Gold futures closing price above 1550-1575 (C) can influence MCX gold up to 39200 – 39500 – 40000+.
MCX Silver traders must put eyes on 44400 (C) levels. One or two consecutively closing above 44400 levels, silver may fly on the sky. It prices can hike up to 45260 – 46000 – 46600+.
C = Crucial Level
You should not touch below that crucial levels. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
On 24 July 2019 (5 Days ago), we had written an article on Gold based on 15 minutes chart. You must read that today: Click here to read the Gold Positional Call Report OR See this chart →
Gold has not hit the uptrend channel. It moved to the gray-colored area and fall, as I have drawn in the chart.
Look at this chart now to understand the next move of Gold:
Silver wave is clear with Fibonacci retracement. No need further explanation.
Caution: stay clear with Tail & Excess. Don’t mess with it.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
From the month beginning, we are recommending to buy.
Click here & Read the 7th June trading calls of Gold.
We had written, “…crossover of the 33000 consecutively two days indicate the solid uptrend up to 33300 – 33600+ levels”.
Gold has touched all targets.
Now, what will be next move of Gold? Will it keep moving upward or come down?
Is there any possibility to touch 34400 – 35000 level?
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Lock
At this time, silver has broken the descending triangle. Can we see the T1 level? T2 level is 37020.
What happens if it will break the red dot?
Can we expect 37370 – 37460?
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
In Friday’s gold report, we have recommended buying gold (to intraday traders) up to 33000 levels. It has touched this level in the last trading session.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
In that article, we also said about silver, “silver can run up to 37500. Intraday traders can stick up to this level”.
Its target has also come! What else you want?
We have seen gold’s price at 33000 on last March beginning. Now its price is close to that level.
Shall we see that price again? Yes after a reversal.
Intraday traders know what to do now.
And crossover of the 33000 consecutively two days indicate the solid uptrend up to 33300 – 33600+ levels.
Caution: silver can run up to 37500. Intraday traders can stick up to this level. Afterward, wait for the next article or join to know more.
Coriander is just falling from the last May 31. It may come down nonstop up to 6800 – 6700 – 6600.
The closing price at or above 7080 can stop the downfall. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.