Sunday, 22 November 2015

Commodity Overview 22 Nov 2015

I will take following trades :

All base metals have tested their resistance and closed near support.....



I will buy all base metals above friday's high with SL just below Friday's low....

 or Sell below Thursday's low with SL just above Friday's closing....

Gold and Silver


Gold has support at 25160-25200....

Both are showing Positive Divergence and closed near Support....I will have same approach as Base Metals in Gold and Silver...

Crude is expected to remain bearish and will look for selling signal....or Break above 2947-2978 on daily closing basis to buy

NG : I will wait to see if it fills the Gap and then will look for buying Signal....