MCX
Gold is at an important levelGold has been a consistent performer even when the equity markets faced a bit of headwind. It's now reached an important zone – 23.6% FIB, RSI 60 and 50MA on the Weekly chart. Clearing this level and holding above 50,000 could be pretty important in reclaiming the ATH!
POSITIONAL LONG VIEW IN #COPPER MCX BO RE - TETS CMP 738 & 50 DMPOSITIONAL LONG VIEW IN #COPPER MCX BO RE - TETS CMP 738 & 50 DMA 738 65 HOLD CONTINUOUS 2 DAYS
MCX COPPER @ 742
STOP LOSS 725 ON CLBS
TARGET 750 762 772 781 793 712 +++ NEW HIGH
GOLD FUTURES (MCX) :: BULLISHDATE: 23/5/2021
INSTRUMENT: GOLD MCX
TREND: BUY
TIME FRAME: DAY
CMP: 48404
BUY ABOVE: 48875
STOP LOSS: 48117
TGT 01: 49699
TGT 02: 49973
TGT 03: 50319
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Mcx Bulldex double top pattern.sell with tp 14575MCX bulldex double top formation in 4h chart. sell with sl of 4h high 15157. Breaking 14844 (recent support zone) may fall.
Targets are 14670,14575. good luck all
Gold is heading towards an important zone -- time to switch?After recovering from the retracement, MCX:GOLD1! is headed towards the trendline resistance. With equities facing some headwings globally, gold might be in focus from a swing/positional pov. Closely monitoring as I'd booked profits approx at current levels a couple of weeks ago. With the 50 weekly MA also approaching soon (48900 levels) it will be interesting to see if price breaks out.
MCX - Looking BullishMCX has given breakout to falling wedge pattern with a strong volume on daily timeframe and is currently retracing back to its support trendline (Earlier Resistance Trendline). Formation of reversal green candle near support line will confirm long entry.
It has the potential of reaching the target of 1800 within the next 1-2 months with a stop below 1460 levels.
GOLD COMEX IS BULLISHGOLD COMEX FORMING A DOUBLE BOTTOM PATTERN AND BREAK OUT OF A TREND LINE UPSIDE GIVES A BULLISH DIRECTION WHCH INDICATES A TARGET OF 1961
MCX levelsThis metal is in buying pressure currently. Please consider the buying and selling levels and maintain the stop loss while trading.
*Disclaimer : I just shares my view. Please trade with your own and comfortable ideas.
Silver Intraday TGTSSilver hourly formed Lower High position. Needs confirmation on 9am to 10am (05.04.2021)with next candles. Once confirmed then downside targets 1000points to 64000.
Gold breaks support areas ?Guys gold were reach the support but they have breaks it so large sell were occure but they not break so the trend of gold is reversed and they gone to buy trends
So do you any trade in gold very carefully
Sell silver on 68600 and gain 1600 points in swing trading hello everyone
sell silver on 68600
target is 67000
1600 points gain chance in swing trading
target arrive in 3 to 5 days
NICKEL (31 Mar 21) May Move Upside Till 1391/1400MCX Nickel (Mar) will move upside till 1391/1400 above 1383.60 with SL 1377
MCX:NICKEL1!
COPPER (31 MAR 21) BUY NEAR 717.60 SL 713 UPSIDE 728MCX Copper (31 Mar 21) will move upside from the current market price 717.60-718 with SL 713 and upside TGT will bear 722/725/728
MCX:COPPER1!
NICKEL (31 Mar 21) May Move Upside Till 1437/1442MCX Nickel(31Mar 21) May move upside till 1437/1442, with Immediate support 1424 but safe Sl will be below 1421.
MCX:NICKEL1!
CPO (31 Mar 21) Now Ready To Move Down side Till 990-975MCX CPO (31 Mar 21) Will Move Downside from the level 1049-1060 It may face resistance near 1092-1099. Down side TGT will be near 1010-990-975.
MCX:CPO2!
CRUDEOIL MAY MOVE UPSDIE TILL 4396/4428MCX CRUDEOIL MARCH may move upside till 4396/4428 after giving the profit booking on Friday's opening market. It's today's support is near
4284, which could be taken as stop loss.
MCX:CRUDEOIL1!
ZINC (26th FEB 21) MAY MAVE DOWNSIDE TILL 219MCX:ZINC1!
MCX ZINC (26th FEB21) may move downside till the level 219 because in an hourly chart RSI(14) is showing divergence, which is a negative sentiment for the script. it's immediate resistance will be high's of the 16TH feb, which is 229.10 and below 227.30it may go sharply downside.
POISTIONAL MCX CALL DATE - 02/02/2021POISTIONAL MCX CALL DATE - 02/02/2021
BUY MCX COPPER @ 591 - 592
ADD MORE 585
STOP LOSS - 580 CLBS
TARGET - 600 605 610 615 NEW HIGH ++
@tradingandeducationsupport
