forextidings

Unlocking The Next Targets of MCX Gold, Crude oil, & Aluminium

MCX:GOLD1!   GOLD FUTURES
Gold Price Slowly Going Upside
Key levels: 48113 - 47616
MCX gold has been moving under the range of 48113 - 47616. It's a very crucial point. We may see a continued uptrend ahead if it breaks and close above 0.382 retracement level. That can be up to 48260 - 48490 - 48600 - 48700.

And if it breakdown the 0.5 retracement level, then we may see 47496 - 47300 - 47160.

Kindly note, 47616 is strong support.

***Beware, Crude Oil Bulls - That’s the Beginning of the End***
Barrier: 6290 level
Crude oil may keep running upward for the levels of 62360 - 6500+. To maintain an uptrend, it has to crossover the hurdle level of 6290 by closing above.

And if it breaks the level of 6060, then wait for my update.

***Aluminium Is Going To Test Critical Technical Support Levels***
MCX Aluminium is coming back to the strong support of 226.6. Be ready to jump on it.
Comment: Gold has touched the first target of 48260 and made a new of 48299.

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