MCX Weekly Research Report 02 To 06 May 2022 [Fed Update]

Top 5 Commodities MCX Weekly Research Report, 02 To 06 May, 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

Gold MCX (June) Weekly Recommendation – Trend DOWN ⇒ SELL Gold MCX Between 52150 – 52250, Stop Loss (CBSL) 52956 Target – 51700 ↔ 50900 (Gold POSITIONAL CALL)

Silver MCX (July) Weekly Recommendation – Trend DOWN ⇒ SELL Silver MCX Between 62200 – 65500, Stop Loss (CBSL) – 66730 Target – 63000 ↔ 62300 (MCX Silver POSITIONAL CALL)

Copper MCX (May) Weekly Recommendation – Trend Down ⇒ SELL Copper MCX 785 – 790 Stop Loss (CBSL) – 805 Target – 775 ↔ 752 (MCX Copper POSITIONAL CALL)

Crude Oil (May) Weekly Recommendation – Trend DOWN ⇒ BUY Crude MCX Oil Between – 7700 – 7650 Stop Loss (CBSL) – 7540, Target – 8000 — 8250 (Crude Oil POSITIONAL CALL)

Natural Gas (May)Weekly Recommendation Trend Down ⇒ BUY Natural Gas MCX Between 542 – 535 Stop Loss (CBSL) – 511, Target – 580 – 610 (Natural Gas POSITIONAL CALL)

Spot Gold Trading Zone By Neal Bhai

Spot Gold Trading Zone Between $1,780 ——$1808 (trading plan). Wait and Watch Price and Buy on Demand zone. Thanks

What do Neal Bhai think? [Gold 2022 Forecast]

Neal Bhai thinks that gold is likely to remain rangebound between $1,780 and $2,010 in 2022.

What happens if gold manages to break out of that range? First of all, gold needs to make a weekly close above $1,970 or below $1,832 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.

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.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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