MCX Weekly Research Report, 07 To 11 February 2022 By Neal Bhai [07-02-2022]

Top 5 Commodities MCX Weekly Research Report, 07 to 11 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

BUYGold MCX (Apr)Weekly Recommendation – Trend Sideways ⇒ Gold MCX Between 47600 – 47500, Stop Loss (CBSL) 46900 Target – 48300 ↔ 47820 (Gold POSITIONAL CALL)
BUYSilver MCX (March) Weekly Recommendation – Trend Sideways ⇒ Silver MCX Between 60200 – 60000, Stop Loss (CBSL) – 59400 Target – 61700 ↔ 62300 ↔ 63500 (MCX Silver POSITIONAL CALL)
BUYCopper MCX (Dec) Weekly Recommendation – Trend Sideways ⇒ Copper MCX 740 – 735 Stop Loss (CBSL) – 725 Target – 768 ↔ 777 (MCX Copper POSITIONAL CALL)
BUYCrude Oil Weekly Recommendation – Trend Up ⇒ Crude MCX Oil Between – 6720 – 6680 Stop Loss (CBSL) – 6550, Target – 7000 — 7080 (Crude Oil POSITIONAL CALL)
SELLNatural Gas Weekly Recommendation Trend Down ⇒ Natural Gas MCX Between 372 – 376 Stop Loss (CBSL) – 392, Target – 340—322 (Natural Gas POSITIONAL CALL)

Spot Gold Trading Zone By Neal Bhai

Spot Gold Best Buying Zone Between $1780 ——$1792 (Trading Plan). Wait and Watch Price and Buy on Dips. Thanks
Spot Gold needs to breakout key level $1,745 For new direction.
Spot Gold Trading Zone $1780 to $1850
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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