Top 5 Commodities MCX Weekly Research Report and Forecast 08 to 12 August 2022 Weekly, Monthly MCX Real Time Research Reports Released by Neal Bhai Experts Research Teams, India.
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Top 5 Commodities MCX Weekly Reports By Neal Bhai
|BUY||Gold MCX (Oct) Weekly Recommendation – Trend Sideways ⇒ Gold MCX Between 51000 – 51100, Target 52250 ↔ 52525 ↔ 52740 Stop Loss (CBSL) 50500 (Gold POSITIONAL CALL)|
|BUY||Silver MCX (September) Weekly Recommendation – Trend Sideways ⇒ Silver MCX Between 55,000 – 54,700 Target – 60,100 ↔ 60,720 Stop Loss (CBSL) – 54,000 (MCX Silver POSITIONAL CALL)|
|BUY||Copper MCX (Aug) Weekly Recommendation – Trend Sideways ⇒ Copper MCX – 642-637 Target – 672 — 685 — 700 Stop Loss (CBSL) – 627 (MCX Copper POSITIONAL ALL)|
|SELL||Crude Oil (Aug) Weekly Recommendation – Trend Sideways ⇒ Crude MCX Oil Between – 7500 – 7550 Target – 6700 — 6500 Stop Loss (CBSL) – 7800 (Crude Oil POSITIONAL CALL)|
|SELL||Natural Gas (Aug) Weekly Recommendation Trend Down ⇒ Natural Gas MCX Between 685 – 690 Target – 612—582 Stop Loss (CBSL) – 712, (Natural Gas POSITIONAL CALL)|
Spot Gold Weekly Trading Zone By Neal Bhai
Spot Gold Trading Zone Between $1720 ——$1820 (trading plan). Wait and Watch Price and Buy on Demand zone. Thanks
- Spot Gold needs to breakout key level $1,720—$1,820 For new direction.
- MCX Gold price needs a firm break 52,740 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 $1,845 or below $1,720 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.
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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.