MCX COPPER

MCX COPPER

MCX COPPER 2

MCX copper chart is my previous prediction which i have told u about this trend , but recent chart is MCX Copper2 which indicates correction pattern may be ABC wave,  still i am not sure but we should have keep in mind about these two patterns . If recent fall will make to finished in 5 wave in the levels of 365 and any big bounce back or bullish candle pattern will indicate 2 nd wave that means bull has been started .

 In weekly chart Big white candle with high volume indicates copper should not close below 360 levels and onwards bull should continue . lets see.

COMEX GOLD, MSCI EMR ETF

COMEX GOLD

 Due to Euro problem Gold is a safe heaven investment as we know but at this levels i think we should look one more correction pattern near 1680 levels which will be the best investment levels for onwards and that will be the 5th wave of 3rd wave of the longer longer term pattern and Trend Line ,MACD  are giving support to go up up up.

MSCI EMR ETF

This ETF pattern looks like our Nifty pattern as i said before in Nifty's trend .

MCX Copper

After touched 400 levels in MCX , it indicates some kind of correction pattern as i told before. so at this time i am just looking for confirmation to go for selling after making consolidate uptrend pattern but should not cross above previous high (402.80 levels ).