Friday, April 28, 2023

view for may in gold and silver

Good morning 

Gold at 1988$ 
In mcx currently at very crucial zone 
Downside reversal possible below 59500 
(Only closing basis)

Major support zone 59680-700 

Upside resistance 60400 

Trade in lighter qty. And hold for longer trade 

Do not be long side below 59500-400 
In gold. 


Silver - silver is making flag - Penants formation in comex 

If Breakout happen then a sudden 3-4% move can be possible at this price 

Dont be long below 24.5$ (closing basis) 

In mcx don't be short side below 72700

Thursday, April 13, 2023

copper view for April month

Copper will touch 788 zone above closing above 790 , can push is towards 830 zone , currently in Rev. H&S pattern prefer buy only

13 April view commodity

Good morning

Gold at 2017$ 

Hold longs and trade on decline only or on signal 
In MCX
View long side and 


Silver similarly 25.9$ important resistance zone better keep long and book near the zone 

In middle entry and exit can be painful  


Crude view already shared

MY THOUGHTS ON TREND FOLLOWING

Monday, April 10, 2023

April 6th commodity view

Good morning

Equity market overall long side wait for entry 


Gold range 1985-2000$ 
Upside momentum continue above 60200 in MCX

Below 59800 some weakness possible


Silver have long side view continue 
Range for silver 73800- 74800 

Range movement will continue today

Wednesday, April 5, 2023

April 5th commodity view #Gold #silver

Good morning 

Gold at 2022$ 
Upside 2070$ view 
At this point voletility is high risk management not good for everyone 

In Mcx view clearly open for 62000 now 
Keep long if already in buy side with a cost to cost sl 
Any fresh entry will be shared 

Major support now at 2000$ 


In Silver 

Silver break the major resistance in weekly setup 
Target 26$ now and above also 
A retest possible at 24.5$ anytime 

Wait for Fresh entry 

In silver 80000 level will achieved easily 
Trailing sl should always be in system 

Market will be highly volatile at this price

Tuesday, April 4, 2023

4th April commodity view

Good evening

Gold at 1982$ 

Move only upside
(Keep less qty only) 

Gold mcx at 59920

Currently no entry 

Silver 72200 
Keep long side 

Only 

Crude 6669 
High voletility wait for entry

Monday, April 3, 2023

3rd April commodity view

Good morning

Gold open at 1950$

Today's range 1945 to 1985$ 
Weakness only below 1936 
In comex some recovery expected 

In gold mcx at 59300 

Wait and watch 

SILVER AT 71540 

Major weakness below 70300 
Currently wait and watch view 
Biased view long side 



CRUDE - OPEC SURPRISE OUTPUT CUT LEADS CRUDE TO SOAR 8%+ 
Currently at 79$ 
Upside possible move can be 100$ 

Dont go shorts side prefer buy only 
Today wait and watch

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