MCX Weekly Research Report, 31 To 04 February 2022 By Neal Bhai

Top 5 Commodities MCX Weekly Research Report, 31 January to 04 February 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

SELLGold MCX (Apr)Weekly Recommendation – Trend Down ⇒ Gold MCX Between 48350 – 48450, Stop Loss (CBSL) 48945 Target – 47200 ↔ 46780 (Gold POSITIONAL CALL)
SELLSilver MCX (March) Weekly Recommendation – Trend Down ⇒ Silver MCX Between 63200 – 63600, Stop Loss (CBSL) – 64880 Target – 60100 ↔ 59300 ↔ 58740 (MCX Silver POSITIONAL CALL)
SELLCopper MCX (Dec) Weekly Recommendation – Trend Down ⇒ Copper MCX 748 – 752 Stop Loss (CBSL) – 772 Target – 732 ↔ 712 (MCX Copper POSITIONAL CALL)
BUYCrude Oil Weekly Recommendation – Trend Up ⇒ Crude MCX Oil Between – 6350 – 6300 Stop Loss (CBSL) – 6200, Target – 6720 — 6850 (Crude Oil POSITIONAL CALL)
BUYNatural Gas Weekly Recommendation Trend Sideways ⇒ Natural Gas MCX Between 345 – 348 Stop Loss (CBSL) – 378, Target – 402 (Natural Gas POSITIONAL CALL)

Spot Gold Trading Zone By Neal Bhai

Spot Gold Buy Zone Between $1770 ——$1752 (Trading Plan). Wait and Watch Price and Buy on Demand zone. Thanks
Spot Gold needs to breakout key level $1,745 For new direction.
Spot Gold Trading Zone $1745 to $1810
Gold price needs a firm break above $1,925 to confirm a bullish reversal.
How Do You Trade Gold For Beginners – Through MCX In 2021 [Step By Step Guide]
Commodities

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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