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MCX Gold Silver Crude Oil Weekly Trading Levels 19-23 April

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Last week, Gold and Silver continued to move higher.

Next week the Silver price action will be in focus as the critical Gann time price cycle is getting complete.

As expected above 4500 levels, Crude oil rallied over 250 points.

On 15th April, Crude has completed an important Gann time price cycle, and we may see a dip in current prices. Above 4800 downside view will get neglected.

MCX GOLD Gann Time Price Cycle Analysis

MCX Gold Weekly Levels

Next week, 19 & 23 April, are the critical dates for MCX Gold.

Resistant is at 47500 levels; above that, Gold can move towards 47650/47900/48400.

Support is at 47100 levels; below that, MCX Gold can move towards 46950/46700/46200.

MCX Silver Weekly Levels

Next week, 19 & 23 April, are the critical Gann dates for Silver.

Resistant is at 69100 levels; above that, Silver can move towards 69499/69999/71999.

Support is at 68300 levels; below that, MCX Silver can move towards 67900/67400/65050.

MCX Crude Oil Weekly Levels

Next week, 19 & 23 April, are the critical dates for Crude Oil.

Resistant is at 4810 levels; above that, MCX Crude Oil can move towards 4870/4950/5090.

Support is at 4650 levels; below that, Crude Oil can move towards 4490/4410/4270.

Note: The above levels are only for study. Not a Buy/Sell advice.

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About the Author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.