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