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

Posted: 24 Oct 2021 03:01 AM PDT

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.

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