Top 5 Commodities MCX Weekly Research Report, 06 to 10 June 2022 Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.
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Top 5 Commodities MCX Weekly Reports By Neal Bhai
|SELL||Gold MCX (Aug) Weekly Recommendation – Trend Down ⇒ Gold MCX Between 51,250 – 51,350, Stop Loss (CBSL) 51858 Target – 50,300 ↔ 49,980 (Gold POSITIONAL CALL)|
|SELL||Silver MCX (July) Weekly Recommendation – Trend Sideways ⇒ Silver MCX Between 62700 – 63000, Stop Loss (CBSL) – 64000 Target – 61,400 ↔ 60300 ↔ 59700 (MCX Silver POSITIONAL CALL)|
|SELL||Copper MCX (June) Weekly Recommendation – Trend Sideways ⇒ Copper MCX 810 – 814 Stop Loss (CBSL) – 818 Target – 792 — 775 — 754 (MCX Copper POSITIONAL CALL)|
|BUY||Crude Oil (June) Weekly Recommendation – Trend Up ⇒ Crude MCX Oil Between – 8800 – 8700 Stop Loss (CBSL) – 8600, Target – 9400 — 9800 (Crude Oil POSITIONAL CALL)|
|BUY||Natural Gas (May) Weekly Recommendation Trend Down ⇒ Natural Gas MCX Between 712 – 708 Stop Loss (CBSL) – 692, Target – 756——770 (Natural Gas POSITIONAL CALL)|
Spot Gold Trading Zone By Neal Bhai
Spot Gold Trading Zone Between $1,830 ——$1897 (trading plan). Wait and Watch Price and Buy on Demand zone. Thanks
- Spot Gold needs to breakout key level $1,800—$1,903 For new direction.
- MCX Gold price needs a firm break 51858 above to confirm a bullish reversal.
- How Do You Trade Gold For Beginners – Through MCX In 2022 [Step By Step Guide]
What do Neal Bhai think? [Gold 2022 Forecast]
Neal Bhai thinks that gold is likely to remain rangebound between $1580, and $2,000 in 2022.
What happens if gold manages to break out of that range? First of all, gold needs to make a weekly close above $1,875 or below $1,780 to confirm a breakout. Second of all, the weekly RSI should be ideally near 80 or 20, respectively, when that happens. Finally, investors are likely to be convinced of a breakout if it’s accompanied by a breakout in yields.
- Gold testing bearish commitments at Critical Triangle Resistance on the Daily Chart
- Gold Daily Close at $1830 Above 200-DMA Strengthened Bullish Interest
- Gold Price Forecast : Above $1830 Target $1858——$1872 | Neal Bhai
- Spot Silver Forecast: Focus to Friday official labour Report
- MCX Silver Forecast: Very Soon Silver Prices Will Be 60000—59440—58800
GoldSilverReports MCX trading tips and data on over all commodity markets with expert Neal Bhai analysis tips and price analysis tools. Our team of commodity, multi commodity exchange of india limited (MCX) experts monitor markets daily, weekly, and monthly to identify trends and provide trading tips on future forecast reports. With this market intelligence and GoldSilverReports analytics platform, we produce mcx tips, mcx reports, forecasts, outlook and price.