NG buy positions rocking.....base metals rocking too....check my previous posts

I have put trailing SL at 150

My Fresh Trade Opened

I bought Zinc @  100.45 Will add buy at 99.70 and 98.70 if it comes.....
Lead @ 114.25 will add more at 113.35 if it comes
 Copper @ 308.50 will add more @ 302.50 if it comes

Bought Gold @ 25148 SL 25120 If hits I will sell below 25000 For TGT 24920-24870 Will add more buy at 24870-24850

Silver @ 33800....SL 33700....If hit I will wait for 33300-33400 levels to add more buy.....

My View - 27 Dec 2015

Gold  to remain range bound between 25990-26000 to 24900 during next few days....Sell on rise and buy on dips will be my strategy till it break out on either side.....I hope Gold will break out on upside for TGT 28500 during next few weeks...Long term TGT i am looking at 32800+........

My first TGT 1 is 25340.....If not broken convincingly then Gold may drop till 24860.....Now it will be interesting to see which side Gold will breakout.....If broken upside then it will open up upside targets of 25500-25700-25900 etc...

Silver will follow Gold....

Base metals....As told before I am buying on every dips.....Zinc TGT 107.7-135+ ....I will buy more in next contract for TGT 135+

Lead TGT 122.4 - 144+ ( 144 in next contract)

Copper TGT 326 -333

Crude and NG may retrace a bit and then continue upward movement.....I have buy positions in both and will add more on retracement......for more upside targets....

Crude t may retrace till 2440-2407-2376 and continue upwards till 2700+- 2950+ levels......But daily closing below 2430 can take crude to below 2200....

I booked Gold buy positions at 25370....

Next I will buy if break 25435....and sustain above 25450....Otherwise I will sell Only below 24800

I will watch 25250 and 25100 level.....If it bounce back from there for upside target....

I booked all Base metals buy positions also.....Expecting to fall and looking for proper levels to buy again.....

Commodity - My view - 19 Dec 2015

There are 2 possibilities....

1... Gold and Silver may or may not ,pierce Friday's high and start falling...Gold then may fall till near 24200 levels where we can see again bounce back for 25000+ levels....

2.....Gold may trade above 25250 levels then upside TGT 25600+ or may be more....

I am looking forward to see possibility 2 to take place....I will buy above 24900 on dips with trailing sl 24810 TGT 26630-26650.....If 24810 is hit then I will reverse my positions on selling side....

Similarly With Silver with trailing SL below 33800 I will keep buying till TGT 37500-37650

I have some buying positions in Gold with SL below 24400  and Silver with SL below 32600....If I get weekly closing below this SL then I will reverse my position ....



Base metals are then expected to  fall if don't sustain above friday's high....a little upside can be seen though....example...Lead if sustain above 113 -114 then it can go till 122-123-127+ ( Long term Target 143+-155 and if cross 156 then 175) otherwise the target will be around 99 down
 
Crude lower TGT is still pending ...I am expecting Bounce back from levels 2250-2213....I will wait for some buying levels in Crude and NG

Gold and Silver has broken Support ....Now I will sell on rise

Crude and NG....

Positive divergence in NG and Crude is spotted and I think big reversal of trend is possible....

I am buying NG and Crude on each drop.....NG 119.40 seems good buying level....

As expected Gold and Silver heading upwards...

Cheers......

Commodity Overview - 12 December 2015

Gold and Silver

Both are showing positive divergence and may continue upward movement for mid term at least....But I will not put much bet on it and trade Intraday till Federal Statement on interest rate hike on Wednesday.....

Gold and Silver has history of surprising everyone when all are expecting one side movement.....Lets wait and watch.....I think we have seen bottom of 25930 as this year's bottom and Gold above 25200 is heading for TGT 25800-26040-26200 and then 27700+.....

I will sell Gold Below 24900 only for TGT 22700....

If Federal hike interest rates then we will see some down side continuation .....But technical indicators are showing upward movement continuation....I will not take any positional call till Wednesday.....

Base metals:

Base metals have shown positive intent and may go further up.....So next week I will look for buying levels and keep it for some weeks to come....We may see some previous high tested again.....But I will wait for some down levels to buy again depending on indicators .....at the moment base metals are showing Bearish divergence on daily, 4 hr and 1 hr chart....so some down ward movement is expected....

Crude and NG

I am holding some sell positions , but I am not sure where is the bottom ....with trailing stop loss I will protect my profit.....Crude and NG can bounce back big time anytime and rally is expected.....

Overall I will watch RSI and MACD for  reversing my positions....

My View On Crude

I will start Buying Crude from 2500 ( CMP 2411) and Below 2206 if it goes....

In monthly chart Crude RSI is showing Bullish divergence and I expect it can reverse any time....although I expect 2206 levels can be reached ( Comex below USD 35.....) If I get that level then it will be good buy for me....In very long term Crude can fall (After a rise ....) to 1700+ levels....but it is worth buying from 2250-2500 zone ........for mid term I will buy for retracement for levels 4000+......Risk rewards is more than 1 : 2 for positional trade.....

Gold

As expected Gold closed below 25480.....I hope it will break soon 25380 ( I will keep trailing SL so if it dont break 25380 then I can still be in profit) and will head towards 25200-25000 zone, where I will put buy orders if RSI is in oversold region in 4 hour chart for TGT 25400+ TGT 2 25600+

I was Long in gold silver and Crude and Sell Base metals

Updated Mid Night

Gold above 25380 TGT 25880.....There is another possibility....Gold Closed below 25640....Now watch 25380....If closed below this on 4 Hr chart then Gold may go till 24950-24920 levels again and bounce back from there to take out 27000+ levels again....

Silver Above 34100 TGT 35350....Silver closed below 34700 ....Now Buy from 4 hr chart if candle close above 34750 tgt 35000+.... if 4 hr candle close below 34100 ( safe below 34000 ) then I will sell for 33400...

Crude Above 2450 TGT 2680-2700+.........NG may test 135 level again

Sell from these levels

Zinc  TGT 100.30
Lead 111.40
Copper 307

Overview of Gold movement in Gold and Silver- 5 Dec 2015

Gold was trading in deep oversold area and bounce back was expected, though no one could have expected such a drastic upside movement. Basically it has triggered all short stop loss.

Also looking at the FED rate hike decision pending this month, investors don't want bullions to trade at lower levels. No one knows what will be decision....Hence If FED rise rates then Investors can sell and book profit in their long positions and short it again....secondly If no rate hike then they still have long positions which are in profit.....

Gold being Gold always expect unexpected surprise movement.....It has been seen many a times when everyone is expecting one side movement it will have a surprise movement.....

having said that key levels in Long positions are 26040-48, 26188.....Gold if close above 26220-26260 zone on daily closing basis can take gold to much higher levels till 26580-27052 ( Comex 1098-1102 is rejection zone, colsing above it can take gold to 1120 then 1140, 1180+ levels )......But Gold may reverse from any of these levels. Gold is still bearish.....I expect 24930 will be broken in next down movement for TGT near 23000 and below may be till 22700-22800 levels.....( Comex 960)....

My view in Comex for Long term is Gold will remain under 1120 levels and can take out 960-870 levels from where we can see jump towards 1450-1500 ( MCX 30000-32000) and then again a big drop till levels near 780 ( MCX 18000) and then rise for lifetime high above 2000 levels......In between we will have big spikes, drops etc etc.....I will buy physical Gold at level 780 and keep it for my Grand children............:-)

Revised Commodity Overview 6 Dec 2015

One more upside movement is pending in Bullion after a retracement.....

Gold:

Hummm quite a good upturn , is't it?? Anyway my SL triggered and I have no positions in Gold now. Had booked loss in Gold but since I was accumulating silver and it hit my TGT 35000+ ( 35200) as told in previous posts....I have covered my loss in Gold....Plus I have quite a good profit in accumulating base metals for upside TGT pending....Watch 25580-25480-25400-25300 levels for upside movement....Gold may bounce back from these levels again.....

Now I will sell in small lots Gold at 26040 till 26188 with a daily closing basis stop loss 26260.......I don't expect Gold to survive above 26048 on daily closing basis and Gold initially may fall till 25500 and then after we might see some upward momentum coming back for upside tgt....But any upside TGT can be good chance to short it again .....this will be last upside movement......

But there is possibility of Gold going further up than 26260.....Lets take step by step.....

Silver

The above position I am expecting from taking a clue from Silver movement as Silver has not closed above 35200 on weekly closing basis I expect Silver to fall back again to 34000 levels and then last upside movement and then to continue downside towards 32000 ( which earlier I said will not cross ) now will cross and go till 31000+ levels .....

With further possibility of rise above 35200 for TGT near 36000 I will sell at key levels and accumulate for down side targets..

I will explain further in my next post.....

Base Metals:

As told before I am accumulating on each dip for higher TGT.....(Example Copper TGT 326-332.70....Zinc above 104.30 TGT 105, 108....will add more at 100.20)

Crude :

Now since crude is trading below 2690, my bias is on down side continuation....Crude has stron support at 2660 once broken then crude is expected to fall till 2552, 2452, 2352 levels.may be more till 1700....so I am holding selling positions in Crude

NG

I have buy positions since 138 and holding ....will add more at 140-141 ...TGT 162 and long term 174+

Gold Overview....

I sold at 25170 and I will keep selling till 25381 with SL above 25445 on Hourly closing basis for TGT 24752, 24659, 24540

Commodity Overview - 30 Nov 2015

Gold :

Key Level is 25168....I have short positions partly covered at 25990 and moved SL on Hourly closing basis at 25200.... ( 25168 is key level so just above it)....Expecting price my go till 24700 levels where I will cover all my short positions.....

Gold is still in Deep oversold and I am expecting bounce back any time.....Down there is support zone between 24818 to 24450....We may see bounce back / reversal from this Zone....

If not then I will see if it breaks out 25450 level with Good volumes.....Then I will go for sell for TGT below 23000....

Silver :

I have booked all my sell positions in Silver as I don't expect silver to fall much....I will wait for buy signal....I believe Buying Silver is much Profitable than Gold.....

Key levels are 34800,34000  and 33400 , 32800...Silver may not cross 32000. I might start buying from 32800 and accumulate for TGT 35000+

Base Metals :

I have covered all sell positions in Base metals at the closing. I was expecting that base metals will fall more on Friday but it did not happen...Indicators have not turned negative ( which may or may not turn Negative)....I will wait to see it they break key levels to again shot it....or I might take a risky Buy call with SL below 23rd Nov. 2015 low.....If it gets hit then I will still look to buy at bottom.....depending on what Indicators turn out at break at Stop loss.....

I am buying small lots and accumulating.....

Crude : Already written at previous post...

NG : I have already maintained buy positions at 138 as It filled the gap created by new contract opening....I am waiting for break above 152 again.....my SL is moved to 147 on 30 min closing basis...

NG may go till 140-141 again....where I will add more buy positions TGT 152-156 and 162+....Long term objective for TGT 173+ and break above 181 will get to 195-202 levels

Crude - 28 November 2015

Crude has shown intent to go higher but failed to cross 2900 ( High 2902)...

Crude still is in Bullish trend and is in retracement mode.....Crude may / or may not fall till 2774-2747 level and then may move up again....

I will look for buy signal at these or near these level with SL placed at 2700 on daily closing basis....expecting crude to go till 3000+ levels may be till 3300+

If crude trade below 2700 on daily closing basis then I will switch to selling levels....

As told before I am selling on rise....

Example : Gold below 25300 as daily closing basis SL....I will keep selling on rise....

Booked Sell Gold at 26170...now waiting for a breakout for sell or buy

Commodity Overview 25 Nov 2015

Gold Silver Looking bearish....I will look for sell signal
Base Metals : With some upside pending I will look for sell signal....( till Zinc is trading below 105.95 on daily closing basis, I will sell around 105.80 with SL 107.20 for TGT 94-95)..

Crude above 2840 can go till 3020-3024....Below 2820 I will sell for much lower targets
NG Now since NG has filled the gap, above 135 I will buy on dips and below 132 I will sell on rise

Commodity Overview 22 Nov 2015

I will take following trades :

All base metals have tested their resistance and closed near support.....

I will buy all base metals above friday's high with SL just below Friday's low....

 or Sell below Thursday's low with SL just above Friday's closing....

Gold and Silver

Gold has support at 25160-25200....

Both are showing Positive Divergence and closed near Support....I will have same approach as Base Metals in Gold and Silver...

Crude is expected to remain bearish and will look for selling signal....or Break above 2947-2978 on daily closing basis to buy

NG : I will wait to see if it fills the Gap and then will look for buying Signal....

If daily closing of Gold above 25900 then hold for TGT near 26200-26400 region

Today I will Sell Crude and Buy Gold and Silver

Gold Update 3 November 2015 Midningt

As my Stoploss Hit @ 26200 I reversed my position in sell side and covered  my loss by selling double lotsand booked all sell positions @ 26900....and Bought double lots.....I will add more till 25700.....

Having said this 25700-25900 is also a reversal Zone......So expecting a Bounce back from these levels tomorrow......

I will keep a tight SL of 25700 on Daily closing basis......

I hope this time SL will not Hit and I will hold all buying positions for a much Bigger Targets....
 

As I see Wolf Wave pattern developed ....also had given trend line breakout with a retest of trend line before.....and Price is inside Price Reversal Zone....If it breaks 25700 with volume then next TGT is RED Line.......Otherwise Yellow line is Target Line for next move up.....Positional traders can hold Long for LONG time ....TGT near 32000+++++

Gold Overview 1 November 2015

Gold Dec contract


Gold now still looking bearish for TGT near 26200....

Gold may bounce back till   26900+ levels and then again might drop for final bottom ....Near 26200

Then It will give a nasty bounce back for 27000+ levels ( I am still of view that Gold will eventually will go till 28000+)

But Now Gold seems to be in consolidation phase for much higher TGT in 2016....

Till Dec 2015 end we will see only Sell on rise and Buy on dips ....No major moment is expected till Dec 2015 end...

I will play it to sell on rise and buy on dips....TGT 28000 in 2016 only.....

Small Traders should keep on side lines or keep booking small profits .....Positional traders may opt for buy on dips ....But waiting time is till next year 1st quarter.....

BASE METALS AND CRUDE IS EXPECTED TO FOLLOW GOLD MOMENTS...

OVERALL TILL DECEMBER END SMALL TRADERS MAY ENJOY HOLIDAY RATHER THAN RISKING THEIR HARD EARNED MONEY

Commodity Update 31 October 2015

I was expecting up moment on friday, which did not happen.....also Gold 4 hr candle did not close above 26550, which is not good for Bulls.....Even Bad USA data was not able to take Gold upside....

Gold may show some more down side on Monday. I expect a pullback next week anytime....May be around 26300+ levels.....My 4 Hr closing basis SL is 26200.

If Gold sustain below 26200 for 4 Hrs then I will cut all my buy position at loss......I am expecting a nasty pull back.....

Plus point is Silver is not showing signs of big Drop....as I mentioned 36100 is key level in Silver and after a drop in Gold , silver managed a little pull back on Friday.....I have kept my SL at 36100 on 4 hr closing basis....If it hits then I would go on short side in Silver and Gold both.....Then we may see heavy fall in Gold and silver in coming days....

Crude and NG:

I have buy positions in crude with 4 hr sl 3000.....I am expecting a break out of 3075 level...If on Monday I don't get break above 3075 I will cover all my buy positions and wait on sideline till on bottom side 2840 is broken.....

NG

I have no positions in NG ....NG looking to go positive....I will wait for daily candle to close above 155.50 level to go long....It was quite tempting to go long above 146....But I Don't want to risk my buy yet....It has Gap between 2 contracts....so a drop from below 155 may be nasty....

It may pull back till 133-138 area which MAY be good buying opportunity....I would prefer to wait and watch


Zinc and Lead ( November Contract)

Zinc and Lead I still have buy positions and expect a break above Friday's High either on Monday or Tuesday...

Gold Silver

As suggested before Gold Dropped till 26605 ( I told 26630-26200 levels are buying zone)...

I have bought Gold at closing rate today and will keep buying on dips till 26200....

I have also bought Silver also at closing rate and will maintain SL 36100 on 4 hr closing basis...

I am expecting UP day tomorrow and next week

Commodity Overview

Commodity market may show some bearish targets but as medium term ...depending on your capacity...keep buying on dips....Positional traders can earn good profit on buying on dips....

I will keep buyin on dips

Example : As mentioned in my earlier posts Gold below 27100 may drop till 26600 ( 26631) - 26200..range which is buying zone....I will not sell for retracement but I will look buying opportunities

short term bearish....medium term bullish...long term bullish....very long term bearish

Gold may retrace to 26400-26200 if sustain below 27100....still I will buy on dips for TGT 28000+

I will buy Gold today evening on dips TGT 28000+

Next TGT for Zinc 133....longterm TGT 175 +

If Data comes bad there will be small down moment.....but Uptrend is still intact

Booked profit in Gold and Silver buy position and now again waiting for good entry point to buy / sell

Bought Gold at 27160 with SL 27100....and bought silver also....Gold need to break 27250 for upside targets to be achieved.....GOLD SILVER STOPLOSS HIT....waiting on sideline now to decide the market moment....but upside break of 27200 is expected

Commodities may turn bearish today for short term....

Commodities: What to expect next....

With better money management....I am buying and selling with quick profit booking....

Small Traders should take FREE i repeat FREE advice before taking any any positional trades.....In positional trades Stoploss may be large...but Big profits too....if your equity allows you to take risk without affecting your personal life then only trade Positional calls.....otherwise trade intraday with fixed profit / loss per day.....money management is needed/recommended

But at the same time I am adding more long positions with every dip for positional tgt for Gold 28000+....Similarly for Silver.....

Other Commodities Positionally I am adding buy positions  .......and they are in profit already.....

All Base metals I covered 75% buy positions in  profit....again waiting to add buy at right levels.......( Just for your information as example.....I am Buying Zinc for TGT 175+....Please remember it is positional Target....I sold positionally  at 150...(High made154+) for TGT 106 ....I have decided to buy from 106 on every dip of INR 3....) and/or will add more buy on every rise of INR 1 from 106.....Check my previous posts....Here is screen shot....

Crude waiting to break 3034 or 2840.....No positions till break on either side ....I am expecting break on upside with SL below 2840....lets see

Silver : Sell only below 35030....Strong support at 35030......Safe traders Buy above 36130

Hope all followers are enjoying profits.....I am holding buy positions and will add more on dips in all commodities....

GOLD UPDATE :

As I am taking positional trades now in all commodities ....I am adding buy positions on every dip and I expect Gold to reach 29800+ levels in near term.....

Even though Gold has pulled back on Monday and hitting low levels I expect Gold movement now is setting up for much up side target in near term......(Log Long term view is still bearish but much upside levels are still pending)......

Same is for other commodities.....All dips I am adding new buy positions......For sure better money management is needed to avoid extra risk......

Gold : I will Buy Positionaly above 26351 SL 26280.....TGT 28000+

SL HIT BUT WILL ADD MORE BUY AGAIN AT SLIGHTLY LOWER LEVELS.....

I am waiting for retracement to initiate buy positions in all commodities.....

For me all commodities remain buy on dips....

Trade with trailing stop loss.....

Gold Update

Gold has moved up strong overnight....but has not taken out 26480 level.....

Gold to move further up need to close a day above 26480....I have covered all longs this morning and now waiting on sideline to see how it closes today....

Gold seems bearish unless it close above 26480 today...

Though the strategy for me is to buy on dips....for all commodities

BOOK ALL LONG POSITIONS IN GOLD ....NOW BUY GOLD ONLY ABOVE 26351....CHECK MY BUY CALL BELOW BUY ABOVE 26352

Sell Silver only below 34490....Book quick profit and get out

Commodity Overview

I will add more buy positions on every dip with Strict SL ......till it break strong support on down side....

For me all commodities are in consolidation phase and remains buy on dips......I will plan my positions such that even if it hits / breaks support .....(then I will take sell positions ) still I can cover my losses and get profit....till lower limits.....

Having said that....long term all commodities are weak but I feel ( technically) that some more upside is still pending.....

My GOLD SL 25285 hit.....

But I will continue my call again.....

Buy on rise @ 26351 SL 26285 TGT 27000+, 28000+

Commodity overview

I am buying on dips...
Gold as mentioned I have positional buy...Read below posts
Base metals...
Crude....and NG

.....enjoying it

Commodity Overview : 6 September 2015

Gold : Long term Gold is still weak below 28500....but in between we may expect spikes in Gold and Silver....

Gold if break 26280 then max down will be 25800 during the month and may not sustain below 25800....watch 25800 on down side....

Gold remains buy on dips and sell the rally......Book quick profits and trade with strict SL / Trailing SL....

I have taken Positional buy for short term at 26351 with strict SL 26285 for TGT 27270, 27660, 28200+....Lets see what happens....

Gold may face difficulty to break 27040 level and may pull back from this level and try again to break it....but I feel soon it will break this level....

Base Metals:

Base metals view is also buy on dips for short term....Base metals are expected to move sideways as they have moved last week also.....wait for break out of last week range on either side.....I expect a break out on upside ......

Energy:

Crude and NG is expected to move sideways ( NG is trading sideways for last many days...) expecting a breakout of last week range on upside.....

Trade with strict / Trailing SL .......

Have a nice and profitable week ahead....

Crude : Sell only below 3060 TGT 2966....

Commodity Update.....

Buy on Dips...Sell the rally....Mostly all commodities to remain sideways....Safe traders wait for break out or break down....

Base Metals
Crude
Gold
Silver

For Sl contact

Crude Update

Crude is not surviving above 3200.....Crude is weak below 3200....sell on rise below 3200

Buy above 3200 with trailing SL.....

Commodity Overview

Gold has dropped since beginning of last week and on Friday showed a positive movement....

As told before Gold is weak below 26200 if trade more than 1 hr.....

Now shift trailing sl to 26400 ( Below 26400 if Gold trade for more than 1 Hr then only be on selling side)....Gold has resistance at 26775.....look for break above this with volume.....

Gold seems to rise further to go more high in coming days......Stay on buy side above 26400 as trailing SL ....

Base Metals

Overall trend is still down....trade with trailing SL if on buy side...

As told earlier this week base metals traded both ways .....and given good profits on break on both sides ....
Hope all have made good profits....

On Friday, base metals ( New Contract) had already given a breakout on upside and shown good intent of achieving upside targets....

But now they have taken a resistance at key level and break of Friday's high is needed ....

There may be some retracement and then upside movement may continue.....  wait for some retracement and then buy.....

Energy

Overall trend is still down for Crude....trade with trailing SL if on buy side...

Crude as expected has bounced back ....bounce back may continue for some more days.....buy on dips...
But Crude is strong only if sustain above 3121

Gold Alert : Gold will turn bearish only if it trades below 26200 for 1 hr....

Commodity Overview : 23 August 2015

Gold:

Overall short term Gold remains buy on dips above 26000.....Look for buying opportunity....

Gold is trading in overbought zone .....so expecting a pullback any time....Gold has resistance at 27330 and support at 26850....

Break on either side will decide further movement of Gold...Break of 26850 can take gold to 26500, 26200 levels....

Break of 27330 can take gold to new high 27390-27450+ and may be more....BUT FAILURE TO MAINTAIN ABOVE 27390 CAN TAKE GOLD TO LOWER LEVELS....( IT MAY BE REVERSAL AND MAY CONTINUE LONG TERM DOWN TREND)

Base Metals:


Most of the base metals are consolidating.....and expecting a breakout on upside....
Wait for breakout as follows.....

Copper : Upside 339 - downside 324
Zinc: Upside 120.50 - Downside 115
Lead : Upside 115.50 - Downside 109

Energy:

Crude and NG both are consolidating and expect a pullback upside....for short term only....Long term trend remains Down......

Crude: Upside 2850 - Downside 2700
NG: Upside 182 - Downside 168

Targets after breakout will be previous highs....trail sl to keep your profit intact....

Commodity Overview : 16 August 2015

Please read last week overview for down side targets
Bullion: Gold and Silver are at critical levels.....

Safe buy is above last week high ( If daily close above last week high)....


Gold:

As expected Gold has bounced back beyond expected level and sustaining at higher level....Gold is showing good positive momentum.... and intent to go much higher.....IS IT REVERSAL OF TREND ??? OR GOLD HAS TOPPED AND CONTINUE DOWN TREND??? STILL DON'T KNOW.....

Interesting levels to watch are 26115, 26345, 26600+, 27040+ ( if break 26122) ......and 25345, 25200, 25100....

Safe buy is above last week high ( If daily close above last week high)....

Silver:

Similar to Gold , silver is also showing positive intent....Interesting lvel to watch is 36990 ....above it silver may run for another 2000 or more points....

BASE METALS:

As expected copper and other base metals have shown positive movement....watch following levels for breakout / resistance....

Copper : 345+ .... 327
Zinc: 121+ ( 127+-131.50+)
Lead: 115+
Aluminium : 102.80



Crude:

Crude is showing support near 2700 area. Also there is big positive divergence in MACD and RSI to show upside movement any time....It might be big reversal......

Crude is weak only below 2700 ( If daily close is below 2750).....then sell crude....

Till then buy on dips above 2700 for initial tgt near 3200+....

Ng : Ng also remains buy on dips above 174 as stoploss....waiting for TGT 200+

Update: Gold trading in bullish zone now since it closed above 25900

Gold now remains buy on dips for TGT 26600+ which wll be its maximum jump upside.....I might sell at this level depending on what other indicators are showing....

In between watch 25122 ,25160, 25390 levels for possible reversal levels....

Above 25700 buy on dips with sl 25700....Gold will be weak only below 25400.....But buying is recommended only with strict sl...

As Expected Commodity market has retraced....some targets are achieved and some are pending.....

Watch out levels as mentioned yesterday as reversal levels......read below.....

Now wait and watch for reversal / sell signals or trail your stop loss ....and watch for break above today's high for last impulse move up....

Gold is now in positive territory ....Till Gold breaks 24450 it is buy on dips....but I think it will be last chance for bulls to take it up to 25500-25700 levels and then look for reversal....

Read the update of 9 August 2015 for more upside tgt for other commodities...

Commodity Overview : 8 August 2015 UPDATED 9 August 2015

This week had been trying week for most of the commodities.....

As suggested last week , I expected some correction in most commodities......which is due any time....for reference, I am putting down last week suggested levels below....

All commodities are extremely oversold and may show some correction / sideways movement upside..... 

For sure the whole market is very bearish and it will fall down to new lows....But, it may show some correction in next week in all commodities before it fall further and continue down trend...this, bulls will win the trade....

Those who have Sell positions may keep it or book it and wait for some correction and sell from higher levels.....BUT DON'T BUY FOR ANY RETRACEMENT UPSIDE TILL IT IS CONFIRMED.....PATIENCE ALWAYS PAYS......BIG DOWN FALL IS STILL ON CARDS.....IT IS ALSO QUITE POSSIBLE THAT MARKET MAY START FALLING FROM FRIDAY HIGH.....

This correction will bring in new opportunity for selling for positional traders ....the more it retrace upside it's good for bear ( Seller), the more it will fall....

Gold, Silver, Base Metals, Crude, NG all may show corrections to test previous mid term levels....

Levels to sell will be posted as and when it is clear.....

To some extent please watch following levels for possible reversal......It may or may not go till these levels....

Safe traders can sell below last week's low....( Mark last week low) or wait and watch the correction levels...

Gold : 25168-25280-25413-25500 or 25600-25700+ ( If Gold fail to break and sustain above 25035....Gold may reverse from last week's high)( I have sell at higher levels and will maintain sell positions for TGT near 22000-21800 region.....)

Silver : 34900-35065 zone or 35750+ ( Downside TGT below 30000)

Copper : 340-350-353+ or 363  ( or sell below 327 only....TGT 278-288 zone)

Zinc : 121.50....( Downside TGT 113-115 Zone)

Lead :115+ ....(Downside TGT 101 - 103.50 Zone)

Aluminium :105.75 (Downside TGT near 82)

Crude : 3060+ or 3184...or 3277-3284 zone ( I have sell at higher levels and will maintain for

                                                                      final TGT 1626 - 1770 region).....

NG : May not show correction but still if it corrects maximum it can go is till 177+ to 179+ levels...or if break 180.80 then buy more for TGT 191+ ( may be till 203+ and reverse from 203+ levels for lower targets)......But if break 168 then sell more for TGT near.......

Gold : If hold 24680 level then we may see one more spike up....Sell on rally....

Copper till it holds 330 can show 336-338 levels ....which is good selling opportunity....

Crude may also show some upside rally ( Sell at higher levels)...buy above 2865 for tgt 3090+
Sell around 3100 for TGT below 2750

Base Metals : Today , below yesterday's low expecting down trend to continue....

I will buy with SL of Monday low .....

Commodity Overview : 2 August 2015....UPDATED 3 AUGUST 2015

Since it is beginning of new month and new contract in some commodities, we will have to see movement on Monday and closing ,  to see where the market is heading for.....

For sure the whole market is very bearish and it will fall down to new lows....But, it may show some correction in next week in all commodities before it fall further and continue down trend...this week, bulls will win the trade....

Those who have Sell positions may keep it or book it and wait for some correction and sell from higher levels.....BUT DON'T BUY FOR ANY RETRACEMENT UPSIDE TILL IT IS CONFIRMED....WAIT UNTILL WE SEE MONDAY _ TUESDAY CLOSING.....PATIENCE ALWAYS PAYS......BIG DOWN FALL IS STILL ON CARDS

This correction will bring in new opportunity for selling for positional traders ....the more it retrace upside it's good for bear ( Seller), the more it will fall....

Gold, Silver, Base Metals, Crude, NG all may show corrections to test previous mid term levels....

Levels to sell will be posted as and when it is clear.....

To some extent please watch following levels for possible reversal......It may or may not go till these levels....

Safe traders can sell below last week's low....( Mark last week low) or wait and watch the correction levels...

Gold : 25413 or 25600
Silver : 34900-35065 zone or 35750+
Copper : 350-353+ or 363  ( or sell below 332 only)
Zinc : 131.20
Lead :115+
Aluminium :105.75
Crude : 3060+ or 3184...or 3277-3284 zone
NG : May not show correction but still if it corrects maximum it can go is till 177+ to 179+ levels...or 183.60 level

Commodity Overview 25 July 2015....updated on 26 July 2015

Though weekly outlook for most commodities remain weak and expecting some uprun followed by down trend continuation.....

But Friday's low might be a bottom for all commodities.....still not sure .....but need to see how much upside Gold and Silver goes.....It might be reversal of downtrend.....

SO...KEEP TIGHT STOPLOSS AND TRADE SAFELY


Gold

Weekly outlook for Gold remains weak.....

Gold has some what sustained below 24800 (24786) after hitting 24821 as day's high....

As suggested before ( Break of 24800 will take gold much deeper)....Gold though had rallied on Friday to upside.....It is still highly bearish.....If on Monday it continues upside then 25910-25970, 25030-25035  are resistance zones from where it may reverse and continue its fall towards much lower target....if not It may reverse from 25200-25400 zone( Target can be seen as low as USD 957-960 in Comex Gold)......It may take support next week at 24200-24030 levels and can give some upside rally like Friday......Gold has not yet bottomed out....But we will see how it behaves at 24200-24030 levels.....( Comex Gold 1050 levels).....

It may consolidate at these levels for some time to give breakout at these levels which may take some time....

Final bottom for Gold may be near 23000 levels ( Comex gold 957-960 levels) from where it may bounce back/ reverse heavily and break all time high in coming years.....

Base Metals:

Remains sell on rise...some upside movement is expected on Monday followed ....weekly outlook is down side continuation....

Zinc has broken 128 levels and showing down trend now....it has support at 125-124-121...and immediate resistance at 126.85-127.70-129.... Zinc next week may show slight upside move and continue down trend for weekly target at or around 121....Zinc in long run might be heading for 105.70 as final target ....


Lead is also in down trend now and is heading for 108>>105.80>>103>>100 final target 85.60....watch above each level as breakout levels....


Aluminium is heading for 99 minus target...92.10-91.60
 
Copper is in down trend and heading for much lower target near 278-280.....( again it will take few months)... Copper on upside resistance at 244-248-253 region...


Crude:

Crude has ( Hopefully) given a break below 3200 and so now below 3275 as SL sell on rise for short term TGT near 3100-3030 and long term TGT 2550 or may be more down...

NG:  NG is weak and remains sell on rise....NG is heading for targets near 152 minus ( 147)....but in between it will take supports at 170-171 and then 155-154-147

Sell around 183...but it need break of 177 level.....



DO NOT TRADE WITH PROPER STOPLOSS.....ABOVE ARE SIMPLY MY VIEWS AND MARKET MAY BEHAVE DIFFERENTLY....
( For any queries please call for free advice)

I am holding Base metals, crude, Gold and Silver....all in sell positions for much much lower targets to come.....

sold zinc at 128.20...TGT 126-125.....but need a break of 126.80....if hold below 126 today by closing ....then much lower targets to come...

Crude: Crude has given breakout of 3200....Now I will sell Crude near 3200 for much lower target

Gold : Watch out gold...above 24865 it can maximum go till 25030.....

Closing or break above 25030 only is bullish signal.till 25250-25600 maximum......But now dont buy at these levels

I will sell at 25030 with SL just above 25030....for TGT 24400 and below

Crude : Sell Crude only below 3150....

It is not breaking 3200....It seems we may see short term uptrend for a while....

Stay long above 3200....on closing basis

Gold and Silver : This week Gold and Silver may not break yesterrday's low

Gold may bounce back above 25050 till 25090-25400-25480.....Silver 34700+....

But now Gold and Silver are showing great amount of weakness....and Positional traders can take Sell positions at some higher levels for much lower targets....

Gold Alert: As told before many times....Gold will not fall much unless it trades below 24800...

Gold is weak only below 24800.....Positional traders can stay long with SL 24800 and wait.....

If Gold breaks 24800 then sell for much lower TGTs....followers will be informed by sms/e-mail

Positional traders : Let the market settle for today....take positions tomorrow....

Crude is expiring ....so we may see short covering today....don't sell crude today

Small traders may buy gold and silverand crude on dips and cover quickly.....Trend remains down though....trade safe with SL

Important Note on Crude : Time to make good money in crude.....

After a breakout of 3800 Crude has been making Lower Highs and  Lower Lows....showing a strong down trend ......

SELL CRUDE AT 3247-3251....OR SELL BELOW 3180.....

CRUDE MAY FACE SUPPORT AT NEAR 3000 LEVELS IN BETWEEN AND MAY SHOW SOME CORRECTION TILL 3200 LEVELS AGAIN....BUT IT WILL EVENTUALLY BREAK 3000.....REMEMBER TGT 1700 IS LONG TERM NOT SHORT TERM....SHORT TERM TGT 3000

Keep selling crude on rise....It will drop more and more towards 1700 levels in coming months....Surely there will be spikes in between but it is not the point of worry.....Crude is very weak and in down trend for sure.....

Good luck and enjoy the down trend...

Commodity overview - 18 July 2015 Updated ON 19th July 2015

Gold

Gold has some what sustained around 25500 ( previous low)....I have bought Gold at 25480 with SL 25460....If Gold breaks 25460 then I will sell for much lower targets 25350, 25270....or more down...

I feel that Gold has bottomed out ( Not very sure) and now will start uptrend for TGT near 29000-29120 and may be ( Not sure) near 30300....But 25800-25900 levels are very crucial for this ...Gold has to break above these levels for these targets.....

But Gold will then fall heavily after topping out at 29120-30333 ( or any levels above 28500)....Gold then can fall till 20000 minus levels (but not essentially 18000 and below.....Never it will go till these levels).....This will be again very good buying levels for Much Much higher levels which will break all time High of Gold 35074....

Base Metals:

Zinc and Lead showing uptrend .....But on Friday - Zinc failed to break above 132 and Lead failed to break above 117 is a bit of worry.....Zinc may reverse from 129.10-129.20 or 128.20-128.40 levels for upside targets near 150 and break of 154 can take it to 170+ levels....

But It might show down trend in case of no reversal....trade with strict SL if on buy side.....

On Monday if it breaks Friday's low then we may see down trend continuation for new low....

Safe traders buy above 134.50.......or sell below 126

Lead may reverse from 115.10 levels for upside targets near 121.70 and then break above will take it to 133.80-141.25.....But if no reversal is shown at these levels it may fall down.....


Safe traders should buy above 117.20.....or sell below 112.50


On Monday if it breaks Friday's low then we may see down trend continuation for new low....

Aluminium also failed to break above 107 on Friday.....Buy only above 107.....and watch 105-104 support zone for reversal or breakdown level .....Above 107 target is 111-112 and below 104 TGT near 99


On Monday if it breaks Friday's low then we may see down trend continuation for new low.... 
Copper is in down trend and heading for much lower target near 278-280.....( again it will take few months)... I am selling on rise....Copper now may not go above 354-358-362 levels.....I will keep SL 358 and add some more selling positions at 354 again if it comes....


Crude:

Crude has ( Hopefully) given a break below 3200 and so now below 3275 as SL sell on rise for short term TGT near 3100-3030 and long term TGT 2550 or may be more down...

NG:  NG is weak and remains sell on rise....NG is heading for targets near 152 minus ( 147)....but in between it will take supports at 170-171 and then 155-154-147



DO NOT TRADE WITH PROPER STOPLOSS.....ABOVE ARE SIMPLY MY VIEWS AND MARKET MAY BEHAVE DIFFERENTLY....
( For any queries please call for free advice)

Base metals may go up in evening session....cover all your sell positions and wait for break above today's high...

Gold and Silver : If on sell side ....trade with strict SL

Sell Crude @ 3275 with SL just above 3275...TGT 3225, 3185

All commodities outlook for today is negative.....sell on rise ( Except NG)

Gold and Silver : Both are showing weakness....Both will drop to make new low....

Watch 25500 level.....If broken with volume then we may see free fall in Gold...

If it sustain this level then we may see good bounce in Gold....

I am not trading Gold and Silver till it gives break on either side

Base Metals: Base metals will show some down retracement before continuing uptrend....

Sell on Rise...

Sell Lead @ 116.60-116.85 for TGT near 115.10

Crude : I am buying on dips

Booked half lots and carrying half of all Base metals with profit....Bought yesterday and today....

Commodity Overview....

I am still of the view :

I am buying base metals on every dip.....
Opened buy position in Crude .....
Selling Copper on every rise.....
Will buy Gold only Above 26200
Selling NG on every rise.....

Bought Aluminium @ 105.90 SL??? TGT 110+

Bought Zinc and Lead again...

sTAY lONG IN gOLD ABOVE 26280 WITH SL BELOW 26180

Crude: Buy Crude above 3400 for TGT 3620....Or Buy near 3350

This is only correction call....Crude is highly bearish and will fall heavily....

Gold : Hold all Buy positions with Strict SL 26180 TGT1 26300, 26400, 26540

If Gold gets below 26150 then sell for TGT 26050

Gold :

Market is going down but with volumes are very low....this indicate that we may ( We may) see sharp reversal any time.....and Gold can show uptrend

Those who have short positions should maintain strict stoploss...

Zinc, Lead, Aluminium - buy call S hit....Exit

Gold: Gold may show some upward movement till 26580-26640-26690 levels....

We may see reversal and continuation of downward trend from any of these levels.....

If we get a breakout of 26700 and close any day above this then we may have a uptrend....

Crude - Below 3500 may fall 3400-3350....watch these level ....crude may reverse from this level for more upside target.....

If break and sustain below 3350 then we may see more down target....but I feel Crude will go more upside.....I will look buying opportunity around 3400-3350 area.....

sTAY lONG IN zINC, lEAD, AND aLUMINIUM

bOOKED cRUDE SELL cALL AT 3535

Gold : Hold all long positions Bought at 26200 yesterday and move SL to 26278....if hit exit

Gold Maximum Down side can test 25500 again...watch 26100 level

Above watch 26400 level....above 26400 Gold can go Boombastic

GOLD: Till Gold is holding above 26100 ....Do not sell.....Buy on dips with Strict SL of 26100 on daily closing basis....

Even if it falls below 26100 we may see quick recovery again and again ....buy above 26100

Above 178 NG may touch 188-189

Buy Zinc CMP 128.60 SL below 128.20 TGT 131+

Stay Long in Aluminium for TGT 110+

Gold Sold @ 26340 Coverd at 26250....

Now Wait for some upside and then sell Gold again.....

If hold above 26250 then Buy with sl 26250 for TGT 26350-26430

Stay Long in Gold above 26350 as SL and watch 26480 level as breakout level...

Safe Traders buy only above 26480

Sell Below 26350 TGT 26280-26250

Booked Zinc buy call given yesterday ( Bought at 125)....Exit Zinc

Zinc: Sell below 124 only....cover all short positions now....Zinc may show reversal at or aronf 124.30

CMP 125....Buy with SL 124

Stay long in Crude above 3700....sell Crude below 3700

Gold: Sell Gold below 26540 only....otherwise stay long with SL below 26540

COMMODITY Update 27 June 2015

Gold is trading in range for past few days.....

Gold may show some upside movement during next week....Watch 26600-26700-26800-27050 levels as breakout levels or It may reverse to continue down trend ....

TILL GOLD IS TRADING BELOW 27250 IT IS IN DOWN TREND AND IT MAY CONTINUE TO DROP (AFTER SOME UPSIDE MOVEMENT) TILL 25800-25600 LEVELS....

Then we may see uptrend from 25800-25600 levels.....

If the coming upside movement on Monday continues and break 27250 then we may see long upward trend continuing till 27400, 27600, 28300, 28500.....break of 28500 will seek TGT of 30300+ and may be more till 33300.....



NG:

NG is looking very weak as we are still maintaining our positional Sell call....Now Keep Trailing sl above 184

If close above 184 means fresh buying opportunity for TGT 190+

Buy Silver around 36000 SL belo 35900 TGT 36200,36400+

Below 35900 Silver TGT 35500

Buy zinc with SL below 128.20....Zinc may retest 131 level again

Sell Zinc only below 127.70....

Gold : Buy above 26540 and sell below 26540

If sustain above 26540 for more than 2 Hr then be on buying side or else be on sell side....1st TGT  26400...

Gold has failed to sustain 26480....now watch 2648 for bounce back ....and break above 26540 will lead Gold to 26600+ levels

GOLD : LOOK FOR BUYING OPPORTUNITY TODAY

iF BREAK 26480 THEN BE ON SELL SIDE

Gold and Silver hovering near support area.....watch for bounce back/ Breakout.....If bounce back then upper TGT open

Commodity Outlook : Updated 22 June 2015

Keep visiting this page as I may be further updating it as and when I get time to  analyse more....

Gold :

Gold is still trading in positive territory ( Above 26500)....Gold has support at 27012, 26948,26920...and below that  26850, 26800,26750,26600-26550 levels.....

gold has resistance at 27200, 27400, 27600.

Gold may trade sideways for little time ( may be 3-4 sessions) but it may show upside movement anytime....Gold may take support around 27948-27920 levels and reverse.....but if it break these levels with volume then watch out for above levels for support area.....Look for buying opportunities.....Logterm TGT 30333 and more are still intact.....

Silver: 

Silver is still trading above crucial level of 35500-35200 zone....and MACD and RSI is showing positive divergence.....

Still the strategy in silver will be buy on dips....for initial TGT 38000 and then 40000, 42000, 45000 and more.....

At this movement it is very difficult to tell where it will take support....possible area looks like 36100, 35500 ....

Safe Traders can buy above 38000.....

Copper:

Copper as mentioned earlier many times is very weak and heading to test its previous low of 332 and may break down below it to show much lower targets....

It may retrace till 365-367...or till 370-372-379 levels maximum ( but chances to go till 372-379 looks thin)....sell at these levels for 1st TGT 340.....POSITIONAL tgt 278......AND THEN AFTER SOME RETRACEMENT MORE DOWN THAN 278

Zinc: 

Zinc is trading near support area of 128.20-128 levels.....Or it is possible that it has taken support near 129 levels...

above 127.90 as stop loss on daily closing basis keep long positions for long term targets 160....But it has resistances at 134, 136, 139 levels.....Watch these levels as breakout levels...If it reverse from any of these levels below 133 then we may see different picture.....

Below 128 , Zinc has support zone near 124 then......IF ZINC BREAK 124 THEN WE WILL SEE MUCH DOWN TARGETS....

Crude: 

Crude has strong support at 3780-3770 area.....Crude has bounced back from 3780 area and trading at resistance of 3820-3850 zone...

It will be interesting to see if Crude breaks 3850-3870 zone....Crude though looking positive, it is trading sideways for quite some weeks....

Below 3770 crude may fall till 3677, 3550 maximum....

If on selling side watch 3770 as breakout level....but keep booking quick profits as Crude may reverse and bounce back heavily to show much upper targets....

Natural Gas

NG is negative below 190 levels....If on buying side then keep booking quick profits....

181.50 is resistance and 177 is support....sell below 177 for much lower targets in long term basis ....(May be around 142)...

Above 181.50 NG may test 193-194 levels again....

Please trade with strict stop loss and keep booking regular/ partial profits.....

Buy Crude, Zinc, Lead, Aluminium : POSITINAL CALL

Zinc TGT 160+
Lead TGT 145+
Crude TGT 4000+, 4200+, 4600+

What levels to buy and SL???...plz call for free advice

Copper positional sell call already running....Those who missed will again get chance at 366-367 levels

Gold: It is not crossing 27040 on down side.....

Risky call : Buy Gold with SL below 27040 TGT 27300, 27400, 27500+

Today Buy gold only above 27210.....Below that it is weak....

Watch 26930-26940 or near 26900 level for reversal to continue upside....

Booked copper sell call @ 365

Positional sell is still intact for TGT below 340

Today buy GOLD on dips....

But keep booking quick profits .....

Watch 27100 level for break above it....if stay below it then sell Gold 

Keep buying base metals on dips for more upside rally expected any time...

Except Copper....Copper is very weak....sell on rise

Buy Crude on dips Above 3700.....Positional call...

Crude is weak below 3700

Gold: Gold below 27100 may drop till 26600......Stay short below 27100 and Buy only above 27100 for TGT 27400+

Commodities are expected to move sideways till Wednesday.....

Wednesday FOMC minutes will come out and then we will get clear directions....

Trade with Strict Stop Loss and keep booking quick profits......

For Gold ...Still Post dated 8 June, 2015 is valid....

All followers may carry on positional calls ( Already posted / Given to you before) with Trailing SL

Safe Traders : Sell below Friday's Low  and Buy above Friday's High only.....Don't trade unless you get breakout on either side with volume.....
 

Gold Update 8 June 2015

Gold is trading at critical levels....Gold has been trading in Range for more than 6 months now ....from here move on either side is possible.....Keep booking small profits and wait for break of levels.....following possibilities are there....

There are multiple levels of support/ resistance created because of sideways movement till now....

1- Gold has not fallen down much even after strong Data on Friday....So it may be end of the Downward movement and Gold can bounce back- and above 26884 till 26940--27050 levels....break of 27050 can take gold to 27195, then break of 27195 will open for 27600 and then break of 27600 will confirm the Uptrend till 30333 levels...Till then watch all above levels for reversal  or breakout....

2. Gold may have further down side pending....a break of Friday's low (@26572) can confirm the move towards 26500 and then break down till 26400-26350-26250 levels.....may be till 25800-25600 levels.....Break of 25500 can only confirm the down trend continuation till 24800 and more.....

Trade with strict stop loss for any Long / Short positions.....and cover your positions at above levels .....do't trade further till you see break up/ down with volumes.....Keep booking small profits till we have confirmation ........

Small traders are advised to wait till Federal Minutes comes out till next week end......

I still feel that yet the trend has not turned to downwards till it break 24800......with volume and close below 24800

Expecting Bounce back in Silver and Gold today....what level to buy????

Book all sell call ( Gold sold below 26960) ...Gold may reverse any time

But if Gold stay below 26960 then we may see further drop below today's low....

Gold has support at 26810 and then 26750...below that Gold can fall till 26600....but it will be risky to sell....as Gold is in oversold conditions and can bounce back any time....

Keep away till tomorrow to get the clear picture.....

Gold : Safe Traders Sell Below 26960 only.....Buy Above 27200 only

Buy Gold above 27110 ( It will go below 27110 and then buy on rise)....SL today's low...TGT????

Buy Crude and Silver too on dips...Crude is weak only below 3845 on closing basis....till then buy on dips....TGT 4000+

Crude may touch 3950.....Copper 391....( Buy Above 387.50 only....SL Below 383)

Buy Crude @ 3885 ( Add More @ 3856) Sl below 3845 TGT 3940-50..+

CAUTION: DUE TO USD/INR RATE THERE WILL BE TOO MUCH VOLATILITY IN COMMODITY MARKET

SMALL TRADERS ARE ADVICED TO BE ON SIDELINE FOR THIS WEEK AND WAIT FOR CONFIRMED BREAKOUTS AGAIN.......

OR

TRADE WITH STRICT SL...IF SL HIT DON'T TRADE AGAIN AND AGAIN

ZINC : SELL BELLOW 137 ONLY.....TGT NEAR 133

OR THOSE WHO HAVE SELL POSITIONS MAINTAIN SL ABOVE 141

GOLD: BUY ABOVE 27200 TGT 27240,27424,27500

All followers are enjoying 100% accurate calls.....check all past performance....Hurryey.....enjoy and cheers...

I AM ORGANIZING A GRAND CELEBRATION FOR PAID CLIENTS ONLY AROUND SEPTEMBER END WHEN WE WILL ACHIEVE OUR GOLD TGT OF 30000+.....SO PLEASE CONVEY YOUR AVAILABILITY TO ARRANGE THE HEAD COUNT ACCORDINGLY BEFORE JUNE END....

 INTERNATIONAL FOLLOWERS TGT $1320+ AND $1429 ......AROUND AUGUST/SEPTEMBER END.....YOU ARE ALSO REQUESTED TO  COVEY YOUR AVAILABILITY FOR THE SAME....

VENUE WILL BE E-MAILED TO YOU .....CELEBRATION AT END OF SEPTEMBER - 30TH SEPTEMBER.......

After 7.30 pm SELL ZINC BELOW 137 TGT near 133

Base Metals....

Base metals are expected to drop more now ....But I feel it might consolidate and then drop......so look for selling opportunities in Base metals

Crude and NG

NG Sell call is booked and now we will look to buy NG for pull back for TGT 183+....But NG is weak so Buying may be dangerous....

Crude Sell call is still running for Downside TGTs to be achieved.....But If Crude break 3900 then we will have different view.....

Gold Intraday Buy @ 26778 SL ??? TGT 27940-27100

Booked Zinc @ CMP 143.20....Wait for next call

GOLD UPDATE - For POSITIONAL TRADERS - 29 MAY 2015

Gold has shown a bounce back today......

If it is not reversal then Gold can go maximum down till 26650-26660 levels ......confirmed break of 26600 can take gold maximum down to 26490 levels.....

Gold might reverse otherwise from either 26660-26650 or 26490 levels.....for much higher targets ....1st TGT 28500+ and 2nd TGT above 30000 ( Around 30300-30400)

So Buy at Current level plus buy at 26650 and 26490....SL below 26400......

Positional Traders Hold Zinc till 144+....Buy Call given yesterday

Trail SL to 141

Buy Gold on Dips...TGT ???

Positional traders Buy call will be activated soon activated.....ACTIVATED.....

Now we can see 500-800 Points upside move....Hold all buy positions.....

Safe Trades buy above 26920.....SL below 26800...Hold till 27600+.....TGT 2 - 28XXX ???

Tomorrow Copper Sell Below 393 Tomorrow.....TGT 387 ( Intraday) positional traders hold till 368 and the may be 332....will see after 368

Buy Gold after 5.30 Pm.....SL today's low.....TGT 27100+ (Intraday)....Positional buyers hold

Safe traders buy above 26975

Buy Zinc for TGT 143+....SL???

Gold may drop further till 26953....or more till 26400

But still long term Bullish....

I will wait for buying level and will not prefer to sell

Gold is likely to find support at 26800-26960 area.....Hold all Long Positions....

Gold is not willing to go to anybody's party ....Neither Bulls nor Bears.....It is jumping up and down.....Its getting simple to trade .....Sell the rally and buy in dips.....

Gold  had not recovered much on Friday from it's fall to 27053....Immediate supprt area is 27000-27054....Now trading above support area.....It has resistance at 27150-27165-27184- 27220, and then 27350.....Watch out all these levels ( Not exactly but near these levels) we might see downwards movement......

Gold below 27000 has Support are between 26953-26800.....

If Gold Break/Close below 26800 then it may continue Short term Down trend.....

Safe Traders wait for break of 27350 for fresh buying.....If Gold go below 26800 then we may see TGT near 26400....Break of 26400-26200 area will bring TGT near 25600....

My advice is hold Long positions with Trailing SL 27900.....and book positions at 27165 ( Wait for Next call then)......If SL hit then wait for next call.....

For Positional traders......Keep buying as per your capacity till 25600.......( If it comes).....

Hold Gold and Silver Buy position..

Gold is weak bellow 26990 on daily closing basis....For Positional call running from long time

Crude is weak only below 3850....Above 3850 stsy long

Stay long in Gold and Silver today.....Look for buying signal....

We may see new low and then Gold and silver will rise...

27055...watch this level...if it comes then we MAY see reversal there....

Buy Silver above 38180 SL much below 39000 TGT 40120+

BUY GOLD ABOVE 27300 SL 27200 TGT 27550+

or buy gold on every dip till 27800 max....sl 27750...tgt 28000+ positional

Buy Zinc above 138,50 SL below 138 TGT 142.50

Booked full profit @ 139.60

If break 139.60 then 141.50-142.50....otherwise it may fall till 137.50....But below 141.50 Zinc may reverse for 137.50 any time

SELL ZINC @ 139.60 SL ABOVE 141.50 TGT 137.50- MAY BE MORE DEEP TILL 137

Booked Partial profit in Crude buy call @ 3815

If Break 3820 ....nxt TGT 3850....Trail SL to 3800

Today Buy Crude before inventory with SL below 3700

Wednesday and Thursday will see upside movement in Gold and Silver....

Watch out 27800-27950 Levels for possible reversal.....Or Break out at this levels......

WATCH 27200 for break down.... 

Gold seems to have taken solid support at 27200 level....Trend will change only after closing below 27200.....

Book all your shorts near 27350 ....stay long....

Check 27200 level...if broken with volume 27070, 26950, 26800 on cards....keep booking profits....

As expected Gold and Silver is retracing....cheers....take profit and wait for reversal...

Gold may retrace and then go up again....look for buying opportunity only....Change your Trailing SL....

Watch 27550-27570 Zone.....Gold may retrace from these levels to up to 26850-26800 levels......Buy at these levels if it comes or Buy only above 27600+

Commodity Update 16 May 2015.....More final updates on 17 May 2015 to follow....keep visiting

Gold

Gold below support 27200  may retrace further near 26800 ( there is a gap which need to be filled)....Watch 27200 level......Break of 26800 can take Gold till 26650 level....( Another gap to be filled)

As of now watch 27520-27600 resistance zone....Gold may see resistance again in this area.....and reverse...so unless this zone is crossed with volume for ( TGT 27850+)....don't initiate fresh buying.....hold your buying positions with trailing SL below 27400 levels....

But still my short/long term view is Bullish and we my see Gold making new highs in coming months....I would be looking for buying opportunities and I will not opt for selling for retracement....

Silver:

Silver below support 39200 may retrace till 37800-37500 zone......further break down can take silver to 36700-36400 zone...

Silver has resistance near 40100-40200 zone....If this is crossed with volume then more upside can be seen.....

Still my long term target on upside remains same......

I would take these down runs as retracements for more up side to come....both these commodities are in overbought area and retracement is expected soon.....

Copper

Copper has shown consolidation in between 420-410-409 area.....it has failed to break 410 on daily closing basis....

Now till 410 is broken on daily closing basis, stay long for TGT above 422.....

Below 410 on daily closing basis , copper has potential to fall down till 399-370 levels....which is most likely to happen......

My view after breaking 410 on daily closing basis - Stay short for long term ....Copper will break its previous low and show much more lower targets.....

Zinc:

Zinc has failed to break 144....Watch 144 support area for a bounce back for TGT above 153 or more....

Breakout of 143 with volume can show tgt 137-135......

Buy above 146.50 with SL below 144.....

But for now my view is sell on rise below 154.35......Zinc seems to have topped out at 154.35.....Zinc may fall and break previous levels also....1 st TGT 124.35....once that is broken will see market movement ....but I can see zinc going much deeper than 100 ...somewhere around 93-97 levels...

Crude :

As expected crude is in retracement process but it has a strong support at 3700 level which it failed 2 times to break.....

Crude has resistance at 3807 level ....if it is broken we may see crude testing 3900+ zone again.....but till it is trading below 4000, sell on rise....

I am expecting atleast 400-600 points correction below 3700 level.......

But in my view since Crude has failed to break 4000 and might have revered to continue its fall below 2500 levels till 2000-1800-1600 levels.....Yet to be confirmed .....only next week movement can decide....If crude close below 3700 next week then we can confirm that down trend will continue.....

My advice will be to close all Long positions and stay on short side....fresh buying is only above 4000.....keep SL 4000 for crude short positions .....

NG

Below 194 keep sell on rise view......NG may retrace/ down trend is expected any time......

Buy only above 194 on daily closing basis.....

NG will also continue down trend but I feel it may not cross 194 .....Yet top of down trend is not confirmed but as of now 194.....Stay short to see new lows in NG in coming weeks....

FOR ANY QUERIES OR DOUBTS ANYONE CAN CALL .....NO CHARGES .....FREE ADVICE....

TRADE SAFELY WITH STRICT STOP LOSS....

Gold : Gold may drop till 27300 ......Look for reversal at 27300 level for TGT 27600, 27700, 27750+

Don't sell for this level ....it may not come as Gold is very strong....

Keep buying ....

Crude & NG - Updated 17 May 2015

As told before stay on sell side in both commodities....Crude already showing down trend ( Short term)...Now NG also will start dropping....

Crude and NG seems topped out and May drop down......

I had covered all long position as told before and now at selling side in both.......NG if goes more up I will term it as selling opportunity.....

It will be interesting to see if Crude break 3300 level in coming weeks......If it breaks 3300 and can sustin below 3300 then we may see biggg sell off again in crude......Please be carefull with all long positions.....We may see crude going very deep then till 2200-1600 or more......

Zinc/Lead/Copper : We may see buying coming in base mentals tomorrow ....

After a little fall I expect a buying opportunity in base metals tomorrow....

Gold: We may see retracement below 27485 first till 27308 and then 27173-27133 levels

It may not also....but watch out 27393 level also.....Gold need to close this week above 27393 for more upside movement....

If week close below 27200 then we might see sell off in Gold again.....

In my view, Gold is still not topped out yet....it still has long way upside remaining...... So don't sell as of now but look for buying opportunities....

Trade safely with Stop loss

Gold below 27485 can retrace first till 27308 and then 27173-27133 levels .....Buy at these levels for TGT 27700-27885-28056-28500

But don't sell for these levels....buy if these levels come or maintain your buying positions.....or when price come down below 27485 substantially and rise again above 27485 then buy....

Gold and Silver as expected are heading for TGT.....Thanks to all who called today ....enjoy profits....

All callers have been advised the next levels/SL....( Free of cost)

Copper will fall sooner or later.....Stay on sell side in copper....sell on rise....TGT 399-370-368

Above 415 ( SL 410) copper may go till 423-425....

But we may see correction soon....Sell below 410...

Crude failed to cross 4000......Now be on sell side and enjoy profit...minimum 400 -600 points fall

TGT 3300

CRUDE : STAY BUY SIDE TODAY ABOVE 3900....IF BREAK 4000 AND CLOSE ABOVE 4000 THEN STAY ON BUY SIDE TGT 4100, 4200+

Sell below 3900

Crude below 4000 is weak....4000 on closing basis is SL for sell call initiated @ 3950 before

NG Closing basis SL 190 for Sell call @ 181.....for TGT 150 -

NG is strong above 190 onle...if close above 190

HOPE ALL FOLLOWERS ENJOYING PROFITS......

Gold and Silver are expected to remain sideways TO UPSIDE during next week....

Gold and Silver are finding new supports and resistance .....they will remain sideways....Sell on rise and buy on dips....TILL GOLD IS HOLDING 26800......IT IS BULLISH....UPSIDE BREAKOUT OF 27054 WILL OPEN UP TARGETS 27100+, 27200....OUR SHORT TERM TARGET IS 27700+ (27800).....

Unless Gold and Silver give a confirmed breakout, Down or Up....Trade with strict SL and book profits quickly.....

Overall my view is still Bullish on these commodities......Even though Comex market is falling MCX still remains Bullish as USD/INR rates are supporting the price from big fall.....

Positional buyers - Above 26000 on closing basis ....remains bullish trend.....

Copper UPDATED 10 MAY 2015

Copper is taking support near 411 area....Once broken it will fall down.....BUT IF COPPER SUSTAIN 410.85 LEVEL THEN IT MAY GO LONG WAY UP.....418 LEVEL IS A KEY.

PRESENTLY COPPER IS TRADING SIDEWAYS BETWEEN 411 AND 420...I AM NOT SURE WHERE THE BREAKOUT WILL COME....DOWN OR UP...BUT IF USD/INR SUPPORT THE PRICE ( AS THE CASE IS) WE MAY SEE UPSIDE BREAK OUT.....

I ADVICE TO WAIT FOR BREAKOUT ON EITHER SIDE .....TILL THEN WAIT AND WATCH ....

SIMILARLY ZINC AND LEAD ALSO TRADING SIDEWAYS .....WAIT FOR BREAKOUT ON EITHER SIDE.....BUT I AM VERY BULLISH ON THESE 2 METALS AS I SAID BEFORE.....

CRUDE : Expecting drop till 3300 levels.....UPDATED 10 MAY 2015

Crude had strong support at 3730 .....once broken ( I expect it will be broken on Monday).....Crude will head towards 3300 (Positional).....IF SUSTAINED ABOVE 3730 ON DAILY CLOSING BASIS THEN CRUDE IS SHOWING SIGNS TO BOUNCE BACK FROM CURRENT LEVELS....ONLY TIME WILL TELL....FOR ME SHORT TERM CRUDE IS WEAK.....TRADE WITH STRICT SL.....

BUT LONG TERM VIEW ON CRUDE IS STILL BULLISH....POSITIONAL TRADERS SHOULD BUY ON DIPS FOR TGT 4200+

NG : Hold selling positions in NG.....Sell on rise

Crude....Crude is heading for correction minimum 300-500 points

NG : Call activated Sell at 181.....much lower targets coming in few days.....read my previous post on NG

Positional Traders - As suggeted before , keep buying Gold on dips.....

Those who did not sell Copper ....here is a chance to sell again

KEEP SELLING ON RISE....SL ON CLOSING BASIS 418

Gold : Look for 26800 Level for reversal upside...Booked Profit at 26850

Base metals giving correction......as expected.....Those who have noticed my calls/ levels carefully are making huge profits....

CRUDE UPDATE : 6 MAY 2015

CRUDE SELL ONLY BELOW 3880......OTHERWISE CRUDE SEEMS STRONG BUYING ABOVE 3880

GOLD HIT 27050 .....NOW WAIT FOR REVERSAL/RETRACEMENT...

Gold buy above 26860 with SL 26860 TGT 27050- 27100+

Gold may reverse back down from any of these levels.....sell below 27020 when it comes down from these levels fot TGT near 26600-26500-26400.....

We may see again upside movement from these levels again....but we will see that time how the price behaves there

Crude - For 6 May 2015

Sell on rise ....expecting correction of at least 200-300 points during this week....Also Inventory Might be negative for Crude...so sell on rise....

But over all Crude is in positive trend....so this will be only retracement....

Positional Buy call for TGT 4200+ is already given before....

Buy all Base metals....big rally again this month.....but correction is expected soon before rally

BUY COPPER ONLY ABOVE 417....BE ON SELLING SIDE BELOW 417....417 ON CLOSING BASIS.....COPPER MAY SHOW CORRECTION UP TO 365 LEVELS OR MAY BE UP TO 325 LEVELS....AND MAY BE MORE DOWN

Gold : Watch 26470 level....

Gold may move sideways till Friday evening

If gold sustain above 26470 on daily closing basis then we are not far off from a big rally in GOLD in this month.....Similarly Silver will also rally....

Even if Gold break 26470 level then next support 26200-26100 zone......

Maximum down Gold can go is till 25800-25600+ zone ( to fill the gap on Daily chart) .....but I hope it will not fall so much and we might see rally from current level till 27830......That's why 26470 level is very important........But still there is lot more to come for upside rally.....

Let's see the Gold opening and daily movement on Monday......It will give more precise picture.

Small traders / day traders should keep strict SL of 26470 for any of their buy positions.....Positional trades can keep SL below 25500- and add more near 25600-25500 zone if it goes there

Sell NG between 181-188 or near 189.50...for TGT 169...Positional TGT Near 145

Gold update 1 May 2015

Gold is still respecting 26600 level....

Now watch 26893-26967-27040 levels.....If Gold sustain above 27040 then it can go till 27800+ levels....

But if Gold reverse from any of these levels then it can drop till 26480-26265 levels....

Safe traders shold but above 27300 ....or keep booking profits at above levels and wait for further clear movement......

My trades are long in Gold...I hope now Gold will not fall more and continue its upside movement....I will keep trailing Stop Loss...to protect my profit

As mentioned

We may see deep corrections in base metals ( Most probably after seeing upside movement tomorrow metals will start retracing or from Monday)....long term upside TGT are intact.....

Zinc hit 150...hold till 160+
Copper 404+...hold till 415+ and then 437+...( Copper has support at 397-398 level)
Lead 135+ Hold till 138+
NG 174+ hold for 181+
Crude 3800+..Hold till 4200+


Target pending

Gold 27600+27800+ ( 27600-26425 for possible reversal)
Silver 39000+ ( Watch 36000 - 35800-35600 for possible reversal)

I feel correction in Gold and Silver is over and now again it will continue upside movement....But if Gold stay below 26600 then it may fall till 26480-26250...

As told may times....Buy Gold on Dips...don't panic....

FOR 30 APRIL ....KEEP BUYING GOLD ON DIPS

Gold May open near 27000 or 26800....watch for reversal....

Remember my target for longt erm is still intact.....

SMALL TRADERS KEEP AWAY FOR TODAY NOW....MARKET WILL BE VERY VOLATILE

Gold booked at 27165 Bought at 27070......Now sold again at 27165 with SL 27200

SL hit

Bought at 27130 SL 27060....Booked at 27220 ( This is only for small traders....we are still holding Positional Long positions for more upside target)

Gold may reverse from 27060 .....but if it breaks 27050 then 26800

One can try buying near 27060-27065 with SL below 27050 .....Then if goes above 27130 in 1 hr then stay on buy side and change your SL to Cost....otherwise exit......Gold may see reversal from 27165 again for down TGT 26800.....so once  book between 27135-27165

If SL hit then wait for 26800 levels

Booked Gold @ 27200.....

Tomorrow we may see some sell off/ retracement in Gold till 26853-26800....

Watch this level for possible reversal again for upside target.....

But if stay above 27133 then we may see 27300+

If Gold close above 27150 then???

Gold closed below 27150....whats next???? call for free advice....

This what happened today...

 

THIS WEEK IS CRUCIAL FOR COMMODITY MARKET

THIS WEEK WE MIGHT GET CLEAR DIRECTION IN ALL COMMODITIES....

I FEEL TILL WEDNESDAY , MARKET WILL MOVE SIDEWAYS....SMALL TRADERS SHOULD WAIT TILL WEDNESDAY.....OTHERS WHO CAN TAKE RISK SHOULD TRADE WITH VERY STRICT STOPLOSS DEPENDING ON THEIR CAPACITY

Crude: Watch 3580-3578 level for reversal for TGT 3810+

OR WE MAY SEE BREAK OF 3570 FOR POSSIBLE SHORT TERM DOWN TREND......


NG : watch 159 level for possible down target or wait till break of 164 level for up trend......till then NG is trading sideways between these levels.......

Zinc: Keep buying on dips.....It is heading for TGT 160.90....

Once it breaks 144-146.......It may retrace in between but keep buy positions.....

Wat for retracement to initiate new buying levels......don't buy now

GOLD : UPDATED ON 26 APRIL, 2015

 Above is 4 HR chart for Gold....

It is trading in Ascending triangle.....On 24 April it has respected bottom trendline support and reversed....

Now we may expect a breakout above the top line at 26900....but then we have resistance at 26960-26967 level and then 26095.....break of 26097 can see Gold at TGT 27127-27145 and then 26300-26900-28500 in coming week...( Sorry I mean 27300-2700-28500)

But it push through down below 26600 then TGT 26425-26200....

I don't think the breakout will come down side as yet....but still trade with strict SL...

SMALL TRADERS SHOULD BE ON SIDELINE TILL THE CLEAR PICTURE COMES OUT.....

Copper

Watch 378.35 level.....buy above it if sustain for 1 hr.....we may see reversal from 378.35 for TGT 370-368-352

Gold : Gold has failed to reach 27000 today and has been resisted at 26917

 Break of 26917 will take gold to 27030-27095 and break of 27095 can take it to 27200+ levels



In my view following possibility is very less ....but can't say.....

If Gold don't break 26917 tomorrow , again we may see sell off in gold today...... if it break 26720 level again......

Watch out 26720-26710 zone for possible reversal....but if it break that zone with volume then we can see Gold going down till 26417-26350......break below 26350 can see TGT near 26200-26100

But break out of 26917 can open up TGT 26200+


followers had booked all long positions at 26870.....Now we will take fresh positions tomorrow depending on market conditions....

Crude and NG - Updated 24 April @ 10.am

Crude.....Watch 3719 and watch 3627-3604 level for possible reversal......for TGT 3810+, 4100+

Below 3600 we may see big drop in Crude for possible TGT near 3000......

But break of 3719 with volume can see possible TGT near 4200+ levels....

NG

As suggested before stay long above 159 for TGT 175, 187+

Gold : Gold can go till 26797-26870......

If sustain above 26930 for 1 Hr. then maintain your buying positions....for possible TGT 27200-27353...keep traling your SL.....

Gold may REVERSE from 26797 or 26850-26870 levels.....Watchout these levels......if so then  TGT 26350

Copper above 371 may bounce bacck till 377+ levels.....sell at that level with SL above 378 for TGT 369, 352

Crude : Below 3580 Crude may test 3326

Gold and silver hit the target....

Now if Gold close above 26780 tomorrow  then maintain buy positions..

Gold is trading near Channel low.....bounce back from here may test again 26890 and break it for upside movement.... But still there is no Confirmed sell signal....so as told before maintain SL 26350 and stay on buy side....

If Gold can hold 26568 for 1 Hr tomorrow then it may show break of upside channel....which is more possibility....Buy above 26568 with SL below 26500 for positional TGT 27291 and then 27600

But if Gold go till 26400 then we may see deep down movements....( but I feel Chances are very low...)

Trade with strict SL

Zinc May retrace till 134.50....Lead May retrace till 125-123

Gold

Gold has closed below 26950 and could not break it.....

Now buy above 26950.....Gold may reverse from 27024 .......Keep SL above 27100 and be on sell side.....

Or

Stay on sell side with SL above 27100....

Similarly Silver could not break 36550....and sustained below it.....Below 36300 Silver may go till 35800-35700....break below 35700 can take silver to 35100-35069 levels.....

Trade with strict SL 

Since copper is trading below 375 now....It is weak ....below 375 sell on rise for TGT 365.....

We may see reversal from 365 .....if not then break of 365 can see TGT 358 ...break below tis 352

Commodity Predictions : 20 April - 24 April 2015.......UPDATED on 20 April 2015 Midnight

OVERALL MARKET IS LOOKING BULLISH IN MAXIMUM COMMODITIES

Gold & Silver : Gold has resistance at 26840-26850....Next resistance at 27095....It is quite possible that market will open above 26850 on Monday....If it is so then we we will see big rally upwards on Monday......

IF NOT GOLD MAY RETRACE TILL NEAR 26650 LEVEL AGAIN....WATCH THIS LEVEL FOR REVERSAL

Gold may face resistance at 26890, 27095, 27353 while going for target 27682......expecting retracements at any of these levels.....

Buyers can maintain SL below 26350 for TGT  26890-27095 and break of 27095 can take Gold to 27353 and then 27658-27680

(Please remember, as told many times here long term/ mid term  target  still remains around 30000+ ( 30360 and then 33360 and may be more till 41000+ to 42000+)).......it may change depending how Gold reacts to 26682 and 28500 level....( We can expect retracement at 28582 levels) Gold still showing strong bullish signals.....

Silver is not making much movement upwards, limiting 36890 resistance level .....next resistance is at 39039....Once we see breakout at 36900 ( Most likely we can see this happening next week)

SILVER MAY RETRACE BACK TILL 36100-35900 LEVEL AGAIN.....WATCH FOR REVERSAL AT OR BELOW THESE LEVELS

Positional Traders who had bought at lower levels can trail their stop loss to 35490 and hold for upside target 39090 and then 40197, 4100- 41605 ( Or maintain SL of 35900 )

But buyers can maintain SL of 35800 and expect to break 36890 next week for TGT near 37500 and then 37900+....

Base Metals : Base metals may retrace next week and then go up again.....Safe traders should buy at right retracement levels or buy above Friday's high only......

Copper may show upwards movement above 375 as SL till 387, 391 (Copper may retrace from 391 to 380 nd then move upto 405-410+ may by next week)..... For now buy Copper on dips till 377-375.....I will update targets as and when it hits....

Zinc with SL below 137.50 maintain buy positions/ or keep buying on dips for TGT near 145.40-146.20-146.55...Positional  TGT 150+

Lead is heading for 132.20-136.50, 139.40 Positional TGT 142.90

Energy: Crude, though it is poised for big upwards target, may or ( may not) retrace possibly till 3415 and break below 3415 then 3365-3342-3315 levels .....Buy near that levels....I will not advice positional traders to wait for that retracement.....Positional traders can buy on every dips as per their risk apatite.....

Crude next target above 3560 is 3724 and then 4301.....but it will not go strait to 4301 from 3724 ....we may ( or may not see ) retacement at 3724.....so book your profits at this level and wait for confirmed break out at 3724.....POSITIONAL traders can keep their buy positions till 4301-4350

NG above 156 as SL is looking very strong for TGT 171, 175+ break above 175 (close of 1 day) can take NG to 187 levels....NG may retarce till 160-163 Buy till near 160.....

Sell Gold at 26760 SL 26830 TGT ????

Watchout for break / reversal below 26460


Booked @ 26750....Now waiting for break on either side

We may see break on upside.... 

Copper: Above 379 stay on Long Side....TGT 390+

Crude may test 3363-3350 level again....

Risky traders Keep buying gold on dips....safe traders buy above 26850

Just to remind ....As told before GOLD has resistance at 26810-26850......If sustain above this for 1 hr then only buy....otherwise sell....with SL above 26850

Look for reversal again at 26570 level....If gold stay below 26460 for 1 hr then be on sell side,,,,,

Sell Copper on rise Positional TGT 335

SL hit @ 379.....Wait for next call


Buy above 379.10...TGT 382.10-382.50

My overall Positional view....

Long in Gold for TGT near 27600+ ( In spot Gold (Comex) 1280-1300+.....Comex will not sustain below 1180....) keep buying on dips....Silver keep buying on dips too....

Now if you get ....buy more again near 26550-26570 .....For TGT near 27020+


.....Crude - 4110-4600+......

Stay Short in Copper TGT near 335 minus

Crude has hit our positinal TGT 3500....Now 2nd Positional Target 4110...and 3Rd TGT 4645 ......Keep buying on dips

Buy Gold near 26470 with Sl 26470

Stay long in Silver above 36000.....If Silver close below 36000 on daily basis then Silver is weak....maintain Strict SL 36000 for silver buy call

Crude : buy on dips today for TGT 3500+ ( Positional)

Expect a bounce back in NG today

NG above 156 may bounce back till 164-166+ levels....maintain traling SL

Watchout 26650 level in Gold.....Buy above it ......or....sell below this level

Gold is consolidating and moving sideways.....safe traders should wait for confirmed break out on either side.....

Confirmed break out means Gold should trade 3 days below support or above resistance.....

Intraday traders should book profits quickly and maintain strict stoploss....we may see too much volatility before any major move....

Gold may hold 26550-26520 level....Upside range 26810-26866 maximum....

Gold will trade between these range today.....If break 26550 then next support 26480.....

My view today is buy on dips and sell the rally