Silver did not break 39000 during monday....I added more longs at 39113.....I am still carrying long positions from friday ....booked half today at 39400 and added more at 39113 for 1st tgt 39600 ....i will see if continues till 39800+ there I will book all long positions and then wait for 50% retracements to go long again.....
Gold as told before it broke 29400 with volume again...so added more longs at 29357 as it was 100 EMA support at 7 min chart ....i am maintaining SL 29300 ( if hit I will open short positions).....I will keep these longs till 30480...(30400+ ).....evev if SL hit I am still in profit since I have longs taken on Friday at 28848....
CAUTION : Gold may retrace till 29080-28960 level again ( remember there is a gap created in old and new contract) also 28960-28970 level was a resistance turned support now....we may see buying coming from these levels again....Trade safe with strict stoploss
I have taken sell positions in Crude at 3327....I will add more short if crude goes till 3369.....I am expecting Crude to fall till 2990-2952 (comex USD 44 level).....in 4-7 days ....anything below 3000 is bonus......Crude has a potential to see 2650-2652 level again if it break 2900 and then 2800....(which is 50% retracement from 1805 - 3442 rally)...so will first book profit at 2990-2952 and then decide further....
Base metals I bought today at closing.....if falls further I will keep adding more long positions.....TGT are very high .....
Gold as told before it broke 29400 with volume again...so added more longs at 29357 as it was 100 EMA support at 7 min chart ....i am maintaining SL 29300 ( if hit I will open short positions).....I will keep these longs till 30480...(30400+ ).....evev if SL hit I am still in profit since I have longs taken on Friday at 28848....
CAUTION : Gold may retrace till 29080-28960 level again ( remember there is a gap created in old and new contract) also 28960-28970 level was a resistance turned support now....we may see buying coming from these levels again....Trade safe with strict stoploss
I have taken sell positions in Crude at 3327....I will add more short if crude goes till 3369.....I am expecting Crude to fall till 2990-2952 (comex USD 44 level).....in 4-7 days ....anything below 3000 is bonus......Crude has a potential to see 2650-2652 level again if it break 2900 and then 2800....(which is 50% retracement from 1805 - 3442 rally)...so will first book profit at 2990-2952 and then decide further....
Base metals I bought today at closing.....if falls further I will keep adding more long positions.....TGT are very high .....