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MCX Silver Gold Crude Oil Weekly Trading Plan

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Last week both Gold and Silver traded in the range.

Next week both precious metals can trade on the higher side. The shorter-term Gann time cycles are showing the turn in favor of bulls. (Especially Gold).

MCX Crude Oil can continue its uptrend. 

Crude Oil Bears may get the upper hand after Wednesday. Over there, few important time cycles will complete their point.

MCX Gold Trading Levels

Next week 15 & 18 February, are the critical Gann dates for Gold.

Resistant is at 47550 levels; above that, the MCX Gold can move towards 47700/47920/48420.

Support is at 47170 levels; below that, the Gold can move towards 47020/46800/46300.

MCX Silver Trading Levels

Next week 15 & 18 February, are the critical Gann dates for MCX Silver.

Resistant is at 69600 levels; above that, the Silver can move towards 69900/70500/71500.

Support is at 68800 levels; below that, the MCX Silver can move towards 68500/67900/66900.

MCX Crude Oil Trading Levels

Next week 17 & 19 February, are the critical Gann dates for Crude Oil.

Resistant is at 4370 levels; above that, the MCX Crude Oil can move towards 4430/4520/4700.

Support is at 4230 levels; below that, the Crude Oil can move towards 4180/4090/3910.

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.