Top 5 Commodities MCX Weekly Research Report, 18 To 22 April 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
Gold MCX (Apr)Weekly Recommendation – Trend Up ⇒ BUY Gold MCX Between 52250 – 52000, Stop Loss (CBSL) 52249 Target – 53820 ↔ 54150 (Gold POSITIONAL CALL)
Silver MCX (May) Weekly Recommendation – Trend Up ⇒ BUY Silver MCX Between 67200 – 66900, Stop Loss (CBSL) – 66000 Target – 71000 ↔ 72200 (MCX Silver POSITIONAL CALL)
Copper MCX (Apr)Weekly Recommendation – Trend Sideways ⇒ BUY Copper MCX 810 – 805 Stop Loss (CBSL) – 784 Target – 842 ↔ 874 (MCX Copper POSITIONAL CALL)
Crude Oil Weekly Recommendation – Trend Sideway ⇒ BUY Crude MCX Oil Between – 7750 – 7700 Stop Loss (CBSL) – 7550, Target – 7900 — 8400 (Crude Oil POSITIONAL CALL)
Natural Gas Weekly Recommendation Trend Down ⇒ BUY Natural Gas MCX Between 552 – 542 Stop Loss (CBSL) – 518, Target – 600 – 642 (Natural Gas POSITIONAL CALL)
Spot Gold Trading Zone By Neal Bhai
Spot Gold Trading Zone Between $2003 ——$1843 (trading plan). Wait and Watch Price and Buy on Demand zone. Thanks
- Spot Gold needs to breakout key level $2,010—$2,020 For new direction.
- MCX Gold price needs a firm break 54300 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 $1,723 and $2,010 in 2022.
What happens if gold manages to break out of that range? First of all, gold needs to make a weekly close above $2,010 or below $1,723 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.