Top 5 Commodities MCX Weekly Research Report, 20 To 24 December 2021, 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 (Fed)Weekly Recommendation – Trend Sideways ⇒ BUY Gold MCX Between 47750 – 47550, Stop Loss (CBSL) 46900 Target – 49000 ↔ 49300 (Gold POSITIONAL CALL)
Silver MCX (March) Weekly Recommendation – Trend Sideways ⇒ BUY Silver MCX Between 60300 – 59700, Stop Loss (CBSL) – 58000 Target – 64000 ↔ 67200 (MCX Silver POSITIONAL CALL)
Copper MCX (Dec) Weekly Recommendation – Trend Sideways ⇒ BUY Copper MCX 710 – 702 Stop Loss (CBSL) – 684 Target – 742 ↔ 764 (MCX Copper POSITIONAL CALL)
Crude Oil Weekly Recommendation – Trend Sideway ⇒ BUY Crude MCX Oil Between – 4750 – 4700 Stop Loss (CBSL) – 4500, Target – 5100 — 5250 (Crude Oil POSITIONAL CALL)
Natural Gas Weekly Recommendation Trend Down ⇒ SELL Natural Gas MCX Between 300 – 305 Stop Loss (CBSL) – 318, Target – 284 – 258 (Natural Gas POSITIONAL CALL)
Spot Gold Trading Zone By Neal Bhai
Spot Gold Trading Zone Between $1770 ——$1727 (Trading Plan). Wait and Watch Price and Buy on Demand zone. Thanks
- Spot Gold needs to breakout key level $1,745—$1,877 For new direction.
- Gold price needs a firm break above $1,925 to confirm a bullish reversal.
- How Do You Trade Gold For Beginners – Through MCX In 2021 [Step By Step Guide]
- Commodities
What do Neal Bhai think? [Gold 2022 Forecast]
Neal Bhai thinks that gold is likely to remain rangebound between $1,650 and $1,925 in 2022.
What happens if spot gold manages to break out of that range? First of all, gold needs to make a weekly close above $1,925 or below $1,650 to confirm a breakout. Second of all, the weekly RSI should be ideally near 60 or 40, 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.
