It is worst week of my trading in long years....Again Gold Failed to rally above 29750 and fell back to make new low....29550.....
But the charts are showing that something Big is coming....what I don't know....
Again Hit my buying SL and I made money by going to sell side for TGT 29580 which is 200 DEMA....If Gold sustain above 29530 tomorrow then good to buy with SL below 29530.....Gold is still holding above 29530 which is another Major Support.....So those who are long in it can Hold with SL below 29530.....I am still bullish on Gold till it does not close below 29530 on 30 min Closing basis....( But if it breaks with volume then I will be on Selling side)
Made money in Base Metals by selling and Buying both side....
Base Metals have shown some bounce back but failed to sustain it....So I will sell below today's low tomorrow to catch the fall in base metals....
NG also tried sell at 205 for TGT 190 but it turned up without breaking 199...So covered all sell at 200....Now NG seems bullish only above 206
Crude managed to break 3340 but did not sustain much above 3377....Now Crude may drop from these Levels ....I will sell Crude tomorrow till 3384....with sl 3400 ...If hit then I will buy for target 3800.....
Everything seems changed now .....Trade safe with proper SL....If you have any doubts then call me...