Gold MCX Technical analysis 11 September 2020Gold is has been tested blue trend line multiple time. before it makes any significance moves it has horizontal levels to broke
MCX
CRUDE OIL MCX shorting opportunityCrude oil has history of huge movements in one direction.
GMMA analysis shows the change in trend.
Look for selling opportunity in rallies.
Selling around 3000 level would be profitable.
your humble trader
Kiran
NATURAL GAS MCX TIME TO BUY FOR SMALL RUN NATURAL GAS IS BEST TIME TO BUY AS IT HAS BOUNCED UP FROM ITS HISTORICAL SUPPORT.
MCX Gold - Long Term View - Is the Top getting in place?It may be possible that top is or getting in place for Gold in MCX. Will continue to monitor over the next few weeks.
Mcx short sellMcx make it high on high and touch to its strong resistance so trader please aware of market in buying side risk to reward ratio is very less for sure to take sell position until it come to support
Short Term Trading levelsResistance 1 : 51,550
Resistance 2 : 51,350
Support 1 : 50,400
Support 2 : 49,900
MCX COTTON BRAKING OUT TRADECOTTON BRAKE OUT FROM THE LONG TERM RESISTANCE. SOME WHAT SIMILAR TO THE INVERTED HEAD AND SHOULDER.
LET SEE HOW IT DEVELOPS.
Gold MCX Resistance and support levelsPlease put Stop loss for any trades for safer side. These are the intra day levels.
Crude intradayLong and short zones shown using 2 lots.
Morning entries- Buy t1 hit and 2nd entry SL.. Then sell hit both targets
Net points=8-10+8+18=24
Use same levels to reenter for the day.
Crudeoil intradayLong and short levels shown..
Use 2 lots...Exit 1 lot @ t1, other at t2.
SL opposite entry..
Repeat entries if levels trigger any time during the day.
Ping me for queries
