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Gold, Silver & Crude oil – Oversold but Broken!

Posted: 07 May 2017 02:46 PM PDT

Why Crude oil Not Closed At OR Below 2870 Level?

A Big history is available at this level. I will not reveal why but I can confidentially say, “if crude oil close below 2870 then nobody stops to touching these levels: 2800 – 2740 – 2655”

Crude oil is safe for short-term/long-term investors until it remains above 2940 level. Because 2940 level is indicating, it can go upside from here. And also it may hit 3030 – 3100 level again!

Now, this is the sufficient information for a smart trader. I don’t think, I will need to write about crude oil for next 1-2 weeks!

Gold and Silver – What’s Next?

As per technical base, COMEX Gold futures is weak. It hurdle is $1222.80 level. If it will close below this hurdle then we may see $1214 – $1200 level before this weekend.

But if you are MCX trader then must wait for 27900 level breakout. This level will confirm the gold trend. If gold will close below to this level then BOOM!

Targets: 27500 – 27250 – 27060 – 27000

IF GOLD CLOSE ABOVE 28500 THEN DOWNTREND WILL OVER!

MCX SILVER: I have already written about silver on last week. Click here to read predicted future of silver!

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Nickel & Mentha oil – Big Move Coming!

Posted: 07 May 2017 01:57 PM PDT

Where Will Nickel Head Next?

Nickel just touched support trend line and jumped upside in last trading session! And also small support level 558.5 is a little bit far away. Do you think, nickel will remain in the downtrend this week or go upside?

For reading continue Nickel Report – Subscribe our commodity tips service

MCX Mentha oil At Crucial Level

Mentha oil going down continuously over 2 months. MCX Trader must watch this commodity for earn money without any worry. If this week mentha oil will see below 912 level then just sell.

Targets: 900 – 895 levels

Are you getting free commodity tips daily via mail? No, and you want without cost? Click here to get free commodity tips but remember, more benefits open for paid members and visit here if you want to get premium commodity tips and calls or Call/WhatsApp +91 903 386 2706.

If you have any questions or comments about Commodity market then may leave mail on commodity@moneymunch.com OR use below Comment Box for immediate reply.

The post Nickel & Mentha oil – Big Move Coming! appeared first on Moneymunch.