MCX GOLD Forecast for 12-16 August 2024: Key Levels and Trading Strategy – Bramesh’s Technical Analysis
WTI crude trades near $76.5/bbl and is poised for a weekly gain due to rising geopolitical tensions and improved global market sentiment The US, Qatar and Egypt are calling for a new round of cease-fire talks to end the war in Gaza, while the region braces for an expected Iranian attack on Israel (Bloomberg)
MCX Crude Oil Gann Angle Chart
Crude broke the 1×2 Gann line as shown above, heading towards 6666-6826
MCX Crude Oil Supply Demand Zone
MCX CRUDE OIL Supply Demand Chart : Demand in range of 6400-6422, Supply in range of 6650-6666
MCX Crude Oil Crude Harmonic
Price is heading towards 6800-7000 till holding 6181.
Crude Astro/Gann Trend Change Date
10 July Important Gann/Astro Date for Trend Change
Weekly Trend Change Level:6430
Weekly Resistance :6509,6549,6610,6666
Weekly Support: 6351,6272,6225,6166
Levels Mentioned are for Aug Future Crude Contract
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