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...