MCX Crude Oil Gold Silver Weekly Trading Levels

Soon change in trend can happen in commodities, according to the seasonal time cycles.

Next week’s budget session will increase more volatility.

MCX Crude Oil can show a downward move, as Price action suggests. Below 3790 level, the turn can take place.

MCX Gold Trading Levels

Next week 01 & 02 February are the crucial Gann dates for MCX Gold.

Resistant is at 49350 levels; above that, the MCX Gold can move towards 49650/50050/50550.

Support is at 48900 levels; below that, the MCX Gold can move towards 48600/48200/47700.

Next week 02 & 04 February is the crucial Gann dates for MCX Silver.

Resistant is at 70050 levels; above that, the MCX Silver can move towards 70400/70999/72200.

Support is at 69350 levels; below that, the MCX Silver can move towards 68999/68400/67200.

Next week 01 & 04 February are the important Gann dates for MCX Crude Oil.

Resistant is at 3950 levels; above that, the MCX Crude Oil can move towards 4010/4080/4200.

Support is at 3790 levels; below that, the MCX Crude Oil can move towards 3730/3660/3540.

Note: The above levels are only for study. Not a Buy/Sell advice.

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