Gold :
Gold has resistance at 26780 level.....watch for a breakout above this level.....(breakout means 1 Hr candle closing above 26780) Till it is trading above ( day close above 26500) gold is positive and heading for TGT 27580-27674....book profits at these levels.....I am expecting reversal from this zone....If it trade above 26800 for 1 hr then we can see gold going till 29170 in coming days....But overall Gold long term trend is Down.....so trade with strict SL....
Long term buyers trail SL to 25700 for next week....We may (or may not) see gold testing 26100, 25900 levels....and bounce back from any of these levels.....
Below 26500 level Gold may test 25445 level and we might see short bounce back from this level.....Below 25400 day closing is sign of more weakness and we will see new levels downside
Silver :
Silver has resistance at 36600.....watch for breakout above this......till day close is above 35000 , silver remain buy on dips and TGT above 35300 is 38907-39100.... we may see reversal from this zone......but above this zone if it trade for 1 hr then Silver can go till 40500-40800 levels....
Silver may (or may not) test 35500-35300 zone and bounce back from this zone ......
Below 35300 Silver will go and test 33300-33700 levels......We may see bounce back again from this level for short term....and break below 35300 will take silver to new low levels....
Copper :
Copper is trading range bound so far.....401 is resistance and 393 is support....above 401 TGT 407, 413, 417....and more upside...
Below 393 Copper short term TGT near 370 levels....
Zinc :
Above 139 TGT 142, 143.80 and above 144 TGT 153....Below 139 TGT 135-133....Again zinc is range bound between 135 to 143 levels....
Lead :
Lead is very weak below 122 level....We may see lead testing 121 level and may reverse from this level to show new down levels....
But if survive above 121 for 1 day then 127-128 is target zone....
Aluminium:
Above 117 it can go till 120 level and then reverse any time ........but below 117 Aluminium is very weak.....sell below 115 and buy above 117 only....
Nickel :
Below 937 Nickel can test 915-903 level....But if bounce back from 937 then 990 is TGT....
Crude :
As told before wait for day closing above 3480....above 3480 crude is very strong and TGTs are 3855, 4342, 4570, 4783, 5866 in next few days/months....
Crude may test 3275 level....But crude can bounce back any time.....but wait for clear bounce back and close above 3480....
Natural Gas:
Natural gas has shown some signs of recovery on friday....but 205 is a resistance....above 205, TGT 210,219....from 219 we may see reversal for TGT 154 levels....
But if survive above 219 for 3 days then we can see tgt near 290 again ......
Gold has resistance at 26780 level.....watch for a breakout above this level.....(breakout means 1 Hr candle closing above 26780) Till it is trading above ( day close above 26500) gold is positive and heading for TGT 27580-27674....book profits at these levels.....I am expecting reversal from this zone....If it trade above 26800 for 1 hr then we can see gold going till 29170 in coming days....But overall Gold long term trend is Down.....so trade with strict SL....
Long term buyers trail SL to 25700 for next week....We may (or may not) see gold testing 26100, 25900 levels....and bounce back from any of these levels.....
Below 26500 level Gold may test 25445 level and we might see short bounce back from this level.....Below 25400 day closing is sign of more weakness and we will see new levels downside
Silver :
Silver has resistance at 36600.....watch for breakout above this......till day close is above 35000 , silver remain buy on dips and TGT above 35300 is 38907-39100.... we may see reversal from this zone......but above this zone if it trade for 1 hr then Silver can go till 40500-40800 levels....
Silver may (or may not) test 35500-35300 zone and bounce back from this zone ......
Below 35300 Silver will go and test 33300-33700 levels......We may see bounce back again from this level for short term....and break below 35300 will take silver to new low levels....
Copper :
Copper is trading range bound so far.....401 is resistance and 393 is support....above 401 TGT 407, 413, 417....and more upside...
Below 393 Copper short term TGT near 370 levels....
Zinc :
Above 139 TGT 142, 143.80 and above 144 TGT 153....Below 139 TGT 135-133....Again zinc is range bound between 135 to 143 levels....
Lead :
Lead is very weak below 122 level....We may see lead testing 121 level and may reverse from this level to show new down levels....
But if survive above 121 for 1 day then 127-128 is target zone....
Aluminium:
Above 117 it can go till 120 level and then reverse any time ........but below 117 Aluminium is very weak.....sell below 115 and buy above 117 only....
Nickel :
Below 937 Nickel can test 915-903 level....But if bounce back from 937 then 990 is TGT....
Crude :
As told before wait for day closing above 3480....above 3480 crude is very strong and TGTs are 3855, 4342, 4570, 4783, 5866 in next few days/months....
Crude may test 3275 level....But crude can bounce back any time.....but wait for clear bounce back and close above 3480....
Natural Gas:
Natural gas has shown some signs of recovery on friday....but 205 is a resistance....above 205, TGT 210,219....from 219 we may see reversal for TGT 154 levels....
But if survive above 219 for 3 days then we can see tgt near 290 again ......