MCX Top 3 Commodities MCX Weekly Research Report, 21 to 21 March 2022, Weekly, Monthly MCX Live Research Reports Released by Neal Bhai Experts Research Teams, India.
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Top 3 Commodities MCX Weekly Reports By Neal Bhai
SELL | Gold MCX (Apr)Weekly Recommendation – Trend Sideways ⇒ Gold MCX Between 52050 – 52250, Stop Loss (CBSL) 52951 Target – 51200 ↔ 50520 (Gold POSITIONAL CALL) |
SELL | Silver MCX (March) Weekly Recommendation – Trend Sideways ⇒ Silver MCX Between 69,200 – 69,600 Stop Loss (CBSL) – 71,740 Target – 65,800 ↔ 64,800 (MCX Silver POSITIONAL CALL) |
BUY | Natural Gas Weekly Recommendation Trend Down ⇒ Natural Gas MCX Between 352 – 347 Stop Loss (CBSL) – 337, Target – 402—422 (Natural Gas POSITIONAL CALL) |
What do Neal Bhai think? [Gold 2022 Forecast]
Neal Bhai thinks that gold is likely to remain rangebound between $1,650 and $1,950 in 2022.
What happens if spot gold manages to break out of that range? First of all, gold needs to make a weekly close above $1,950 or below $1,650 to confirm a breakout. Second of all, the weekly RSI should be ideally near 60 or 40, 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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