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