Top 5 Commodities MCX Weekly Research Report, 25 to 29 July 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 (Aug) Weekly Recommendation – Trend Sideways ⇒ Gold MCX Between 50300 – 50150, Stop Loss (CBSL) 49500 Target 50925 ↔ 51500 (Gold POSITIONAL CALL)|
|BUY||Silver MCX (September) Weekly Recommendation – Trend Sideways ⇒ Silver MCX Between 54,500 – 54,300 Stop Loss (CBSL) – 53,000 Target – 57,500 ↔ 59,730 (MCX Silver POSITIONAL CALL)|
|BUY||Copper MCX (July) Weekly Recommendation – Trend Sideways ⇒ Copper MCX – 610-605 Stop Loss (CBSL) – 592 Target – 632 — 652 — 682 (MCX Copper POSITIONAL ALL)|
|SELL||Crude Oil (July) Weekly Recommendation – Trend Down ⇒ Crude MCX Oil Between – 7410 – 7370 Stop Loss (CBSL) – 7200 Target – 7600 — 7850 (Crude Oil POSITIONAL CALL)|
|BUY||Natural Gas (July) Weekly Recommendation Trend Down ⇒ Natural Gas MCX Between 632 – 627 Stop Loss (CBSL) – 615, Target – 700—724 (Natural Gas POSITIONAL CALL)|
Spot Gold Weekly Trading Zone By Neal Bhai
Spot Gold Trading Zone Between $1,685 ——$1820 (trading plan). Wait and Watch Price and Buy on Demand zone. Thanks
- Spot Gold needs to breakout key level $1,742—$1,880 For new direction.
- MCX Gold price needs a firm break 52,310 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.
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.