IT IS QUITE POSSIBLE THAT GOLD AND SILVER MAY NOT BREAK FRIDAY'S LOW......
SAFE TRADERS MAY BUY ABOVE FRIDAY'S HIGH.....ANOTHER UPSIDE RALLY IS ON ITS WAY....BUT STILL WATCH OUT FOLLOWING LEVELS TOO....KEEP BUYING ON DIPS.........
ALL BASE METALS WILL FIND NEW HIGHS IN COMING WEEKS......
Copper:
Copper has support at 382 level ....break below 382 can take copper to 375-376 level .....or 357-358 level.....below that copper may test 342....
But failure to break 382 on daily closing basis can take copper to 402-408-411 levels.....
Crude:
Crude has support at 3090 .....below this crude may test 3050-3026 levels.....If break below 3000 then crude may test previous lows.....
Failure to break 3090 crude can go till 3450+ and then may be 3530+ levels.....
Safe Traders can buy above 3225....TGT 3415 and above
NG :
NG is looking WEAK at the moment .........
NG has support at 165....below 165 , 163 and 161.50 is another strong support.....if it is broken then NG may see 155-142 levels.....
watch out above levels for any pull back .....
If fail to break 165 then Break above 171 will resume up run for NG.....