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Crude Oil Gold Silver Weekly Trading Plan 26-30 April

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Last week, Gold and Silver continued to trade on the higher side.

But later, both precious metal-faced the stiff resistance from the Gann levels and corrected. The Silver did high back near to the old Gann angle line and fell 2000 points.

Last week, Crude Oil traded above the 4800 levels but didn’t go up as expected and later went below the Weekly support level.

Gold weekly chart

MCX Gold Weekly Levels

Next week, 27 & 29 April, are the critical dates for MCX Gold.

Resistant is at 47850 levels; above that, Gold can move towards 48100/48400/49050.

Support is at 47300 levels; below that, MCX Gold can move towards 47100/46800/46200.

MCX Silver Weekly Levels

Next week, 27 & 29 April, are the critical Gann dates for Silver.

Resistant is at 69300 levels; above that, Silver can move towards 69600/70200/71500.

Support is at 68100 levels; below that, MCX Silver can move towards 67700/67100/65900.

Crude Oil Weekly Levels

Next week, 25 & 27 April, are the critical dates for Crude Oil.

Resistant is at 4780 levels; above that, MCX Crude Oil can move towards 4830/4910/5030.

Support is at 4590 levels; below that, Crude Oil can move towards 4540/4460/4340.

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.