Gold and Silver prices fell last week. The big move happened as the Price action study was hinting from the past two weeks.
Both precious metals can drop more, as the charts are showing. So, Stay cautious on the buying side.
Crude Oil did well last week and made high near 5350 levels. Above 5210 levels, Crude Oil bulls are in a stronger position and can show higher levels.
MCX Gold Weekly Gann Levels
Next week, 22 & 25 June, are Gann reversal dates for MCX Gold.
Resistance is at 46999 levels; above that, Gold can move towards 47300/47700/48300.
Support is at 46400 levels; below that, MCX Gold can move towards 46100/45700/45100.
MCX Silver Weekly Gann Levels
Next week, 22 & 25 June, are the Gann reversal dates for MCX Silver.
Resistance is at 68500 levels; above that, Silver can move towards 69000/69800/70800.
Support is at 67400 levels; below that, MCX Silver can move towards 66900/66100/65100.
MCX Crude Oil Weekly Gann Levels
Next week, 21 & 25 June, Gann reversal dates for Crude Oil.
Resistance is at 5370 levels; above that, Crude Oil can move towards 5420/5490/5600.
Support is at 5210 levels; below that, MCX Crude Oil can move towards 5160/5090/4980.
Note: The above levels are only for study. Not a Buy/Sell advice.
