MY THOUGHTS ON TREND FOLLOWING

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

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

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

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

commodity view for 31st March

Good morning

Good at 1980$ 

Similar view 1975$ ---- 2000$ 

Buy side only 

In mcx new contract start 

59890 

At this point reversal possible (200-300 point )

Prefer buy on dips 

Proper Reversal will be be only 58400 now 

Silver at 72000 

No fresh entry this time 

Keep 71000 trailing sl for longs buy on dips structure

COMMODITY view for 30th March

youtube Good evening 

Gold at 1970$ 

Prefer long side view only 

For 1985-2000$ 

Reversal below 1945$ only 

In mcx 58950 

Downside move only below 58450 

Keep long here 

In silver mcx open at 71600+ 

Prefer longs only stoploss will be bigger at this price 

Reversal below 69700 in bigger time frame 

Upside profit booking zone 72600 & 73500 

In comex view is long and 

LOOKING AT STRUCTURE 24$ LEVEL WILL BREAK HERE 

1000-1500 point move we can see anytime 

Crude - long continue with a range of 6000-6100 

Cmp 6060 

No entry currently

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