Gold rose for the fifth consecutive trading session, coming close to testing a critical technical and psychological level near $1800. The bears are in no hurry to give up, foiling attempts by Gold and other precious metals to accelerate their growth. Also worth considering are headwinds such as a global monetary policy reversal.
Analysis
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Silver Consolidated Below Six-week Tops | Neal Bhai Reports
Silver now seems to have entered a bullish consolidation phase and was seen oscillating in a range just below mid-$24.00s, or six-week tops touched earlier this Thursday.
Copper Set to Rule Around $10,000 a Tone in The Short-Term | Neal Bhai
Copper prices are set to rule firm around $10,000 a tonne in the short-term as inventories have hit a record low following production cuts in the wake of power crunch in Europe and China despite a drop in manufacturing activities.
MCX Gold Silver Buy Call Hit : Paid Member Mint Tons of Money | Neal Bhai
MCX Gold Silver Buy Call Hit : All Paid Member Mint Tons of Money (Screen Shot), Rona Mana Hai…. Trade With Neal Bhai MCX Guru. Diwali Special Offer 2021 – Neal Bhai — Gold Silver Reports
MCX Weekly Research Report, 11 To 15 October 2021 | Neal Bhai
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Spot Silver Report: Selling Zone at $23 —$23.20 | Gold Silver Reports
Spot silver shorts at $22.50—$22.60 Target $22.20—$22.10, perhaps as far as $21.85/$21.80. If we continue lower look for $21.65 & $21.45—$21.40.
Gold MCX Tips Today Hit High 46677 | Neal Bhai MCX Guru
The gold (yellow metal) has clearly broken the resistance of the channel down pattern. It occurred in a sharp four hour jump, which also passed the resistance of the 55, 100 and 200-hour simple moving averages. Eventually, the metal’s price was stopped by the 1,765.00 level’s resistance.