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MCX

MCX Natural Gas Long-Term Outlook - Target 300+According to this chart, MCX Natural gas is further advance. We may see the following levels after a reversal. Targets: 234.6 - 263.9 - 305.6 Intraday traders can run with 20 & 50 MA crossover. And long-term traders should stick with 200 MA to maximize profits. Significant releases or events that may affect the movement of natural gas on Wednesday, Oct 28, 2020 : 02:00: U.S. API Weekly Crude Stock 20:00: U.S. Crude Oil Inventories 20:00: EIA Weekly Refinery Crude Runs 20:00: U.S. Crude Oil Imports 20:00: U.S. Cushing Crude Oil Inventories 20:00: U.S. Gasoline Production 20:00: U.S. Heating Oil Stockpiles 20:00: U.S. Gasoline Inventories
MCX:NATURALGAS1!Long
by freestocktips
1
Crude View for next wek.. Might see some good downsideCrude Has been trading in a sideways zone from past some time but if we look at the bigger picture crude is facing resistance in its major resistance zone. Moving averages are now flat indicating the price is flat and upside momentum is lost. price is taking support from the trendline. If the trendlibe break there might be a posibilty that price might test its previous support. On the other side if crude its resistance we might see upside till 3500-3600
MCX:CRUDEOIL1!Short
by rohitgupta161087
MCX Gold - Classic Bullish Triangle (Expect 56191+)Bullish Triangle Running – A Classic Scenario for MCX Gold ------------------------------------------------------------------------------------------------------------------------------- Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ------------------------------------------------------------------------------------------------------------------------------- Last Price- 51650 / Time- 21:12 Hrs (9 pm) - 26th Aug 2020 ------------------------------------------------------------------------------------------------------------------------------- The description is based on a scientific analysis called wave theory as mentioned below ------------------------------------------------------------------------------------------------------------------------------- Currently Running in Wave-D Expected Out Come Wave- D & Wave -E Pending Wave-D should stop current upside move below Wave-B @ 53965 Highs to be a valid setup Post-Wave-D is done, we shall expect Wave-E Downside Once Wave-E is done downside- it should hold above 49955 low which is marked as Wave-A (means- your stops should be below 49955 lows post completing Wave-E) This forms a penultimate wave- means the second last wave on the upside that means one wave more on the upside is pending which will take Gold to the same level-56191 or above 56191 highs as of 7th Aug 2020 Best visual representation has been marked using Arrows which could be a possible trajectory for the commodity in coming days ------------------------------------------------------------------------------------------------------------------------------- Thanks
MCX:GOLD1!Long
by WaveTalks
8