Gold Silver traded in range last week.
The 47350-500 zone is crucial for MCX Gold and the 68500-68800 zone for Silver. Both precious metals can show a strong up move above these ranges.
MCX Crude Oil has completed an important time cycle in the last week. Next week 5540-5570 zone will play a vital role. Above that, Oil can hit 5650/5750 levels.
Gold Weekly Gann Levels
Next week, 28 & 30 June, are Gann reversal dates for MCX Gold.
Resistance is at 47350 levels; above that, Gold can move towards 47500/47800/48200.
Support is at 46800 levels; below that, MCX Gold can move towards 46650/46350/45950.
Silver Weekly Gann Levels
Next week, 28 June & 02 July, are the Gann reversal dates for MCX Silver.
Resistance is at 68800 levels; above that, Silver can move towards 69200/69800/70900.
Support is at 67500 levels; below that, MCX Silver can move towards 67100/66500/65400.
Crude Oil Weekly Gann Levels
Next week, 28 & 30 June, Gann reversal dates for Crude Oil.
Resistance is at 5570 levels; above that, Crude Oil can move towards 5610/5660/5750.
Support is at 5470 levels; below that, MCX Crude Oil can move towards 5430/5380/5290.
Note: The above levels are only for study. Not a Buy/Sell advice.
