Tuesday, 22 September 2015

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.....

Monday, 21 September 2015

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.....

Friday, 18 September 2015

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

Sunday, 13 September 2015

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.....

Thursday, 10 September 2015

My GOLD SL 25285 hit.....

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

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

Wednesday, 9 September 2015

Commodity overview

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

.....enjoying it

Sunday, 6 September 2015

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....

Tuesday, 1 September 2015

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.....