We are starting the MCX Commodities Weekly Analysis for Gold, Silver, and Crude Oil instruments on the reader’s demand.
Next week is crucial for Silver and Crude Oil.
The MCX Crude Oil is trading near a decisive Gann time cycle point, and MCX Silver will complete its crucial time cycle point in the coming week.
MCX GOLD ANALYSIS
Next week 27 & 29 January, are the critical Gann dates for MCX Gold.
Resistant is at 49250 levels; above that, the MCX Gold can move towards 49400/49650/50100.
Support is at 49040 levels; below that, Gold can move towards 48890/48690/48240.
MCX SILVER ANALYSIS
Next week 26 & 29 January, are the critical Gann dates for MCX Silver.
Resistant is at 67100 levels; above that, Silver can move towards 67300/67650/68200.
Support is at 66500 levels; below that, MCX Silver can move towards 66300/65950/65400.
MCX CRUDE OIL ANALYSIS
Next week 27 & 29 January, are the important Gann dates for MCX Crude Oil.
Resistant is at 3920 levels; above that, the MCX Crude Oil can move towards 3970/4050/4190.
Support is at 3790 levels; below that, Crude Oil can move towards 3740/3660/3520.
Note: The above levels are only for study. Not a Buy/Sell advice.