MCX Silver (Sep) MCX Price Below ₹ 39910, Buy Karna Mana Hai – Buyer Trap Game Running.
“No Magic, No Miracle, Just Power of Level”
Silver (July) Update : MCX Silver Price Below ₹ 39100, Trader Ready for Kohram
Analysis
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MCX Crude Support Level @ ₹ 5000—₹4980, Buy on Dips – Neal Bhai Reports
Gold Silver Reports (GSR) – Crude Oil on MCX settled up 0.22% at 5086 as signs of a slowdown in U.S. output, and continued supply outages, prompted traders to increase their bullish bets on oil. Trade disputes between the United States and economies including China, India and the European Union continued to weigh on market sentiment.
MCX Silver Price Below ₹ 39100, Trader Ready for Kohram
Gold Silver Reports (GSR) – Silver on MCX settled up 0.28% at 39228 as the dollar fell sharply on the back of a resurgent euro, paving the way for bullion prices to pare some of its recent losses but gains in prices were limited by mostly upbeat U.S. economic data, reaffirming investor expectations for a faster pace of rate hikes.
Red Alert : MCX Gold Silver Main Kohram Machega, Buyer Rahe Savdhaan – Neal Bhai Reports
Red Alert
Red Alert : MCX Gold Silver Main Kohram Machega, Buyer Rahe Savdhaan – Neal Bhai Reports
Red Alert : MCX Gold Silver Main Kohram Machega, Buyer Rahe Savdhaan – Neal Bhai Reports“No Magic, No Miracle, Just Power of Level”
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
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Golden Cross Pattern
What is a ‘Golden Cross’
The golden cross is a bullish breakout pattern formed from a crossover involving a security’s short-term moving average (such as the 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level. As long-term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
Gold is Clearly Trending Down
Gold Silver Reports (GSR) – Gold has developed a clear downside trend break away from the strong resistance level near $1,364. Many gold traders were waiting for a breakout above the critical long term resistance level near $1,364 and a move toward $1,550. However, the uptrend was untidy in its behavior so cautious traders have been rewarded.
MCX Natural Gas Price Strong Support ₹194 and Resistance seen at ₹203
Gold Silver Reports (GSR) – MCX Natural Gas Price Strong Support ₹194 and Resistance seen at ₹203 — Natural Gas on MCX settled down -0.74% at ₹199.9 after weekly storage injections topped expectations and the five-year normal for a second straight week.