Revised at 1.50 am 23 June 2014
This week be careful while trading .....please maintain strict SL. We would suggest to wait and watch the closing of Monday in all commodities.....as all commodities may or may not reverse....for more instant updates keep visiting this page
Gold
Above 27100 keep buy on dips strategy for the TGT 28500. Here watch out break out above 27840....Any day opening above 27840 can take Gold to 28500.....otherwise keep accumulating between 27100 - 27500 and expect a breakout.
Silver
Watch out for breakout above 44840-45000 on monthly closing basis for TGT near 49000....I expect a correction at 45775-45900 levels.
Copper
Now if any day close above 418.80 then go for long trade and if it fails to give closing above 418.80 then it may reverse again....
Aluminium
Watch out for breakout above 113 for TGT 114.05.... Any day opening above 114 can take Aluminium to 117, 124 levels...
If it fails to hold above 114 on daily closing basis then expect a reversal.....
Lead
Any day closing above 128.35 can trigger fresh buying....but any daily closing below 126.60 is a reversal signal....
Zinc
Any day closing above 130.95 can take Zinc to new high and if any day closing below 129.75 is reversal signal.
Nickel
Below 1147 keep sell on rise for TGT near 980-950 in coming days....
Crude
Above 6340 keep buy on dips and expect big rally towards 6??? levels...
NG
Above 267.50 expect TGT 288 and then 302......any day closing below 267.50 can trigger fresh selling....
This week be careful while trading .....please maintain strict SL. We would suggest to wait and watch the closing of Monday in all commodities.....as all commodities may or may not reverse....for more instant updates keep visiting this page
Gold
Above 27100 keep buy on dips strategy for the TGT 28500. Here watch out break out above 27840....Any day opening above 27840 can take Gold to 28500.....otherwise keep accumulating between 27100 - 27500 and expect a breakout.
Silver
Watch out for breakout above 44840-45000 on monthly closing basis for TGT near 49000....I expect a correction at 45775-45900 levels.
Copper
Now if any day close above 418.80 then go for long trade and if it fails to give closing above 418.80 then it may reverse again....
Aluminium
Watch out for breakout above 113 for TGT 114.05.... Any day opening above 114 can take Aluminium to 117, 124 levels...
If it fails to hold above 114 on daily closing basis then expect a reversal.....
Lead
Any day closing above 128.35 can trigger fresh buying....but any daily closing below 126.60 is a reversal signal....
Zinc
Any day closing above 130.95 can take Zinc to new high and if any day closing below 129.75 is reversal signal.
Nickel
Below 1147 keep sell on rise for TGT near 980-950 in coming days....
Crude
Above 6340 keep buy on dips and expect big rally towards 6??? levels...
NG
Above 267.50 expect TGT 288 and then 302......any day closing below 267.50 can trigger fresh selling....