At last now the commodities are showing some signs of trend....CHEERSSSSSSSSSSSSS......MARKET IS IN TREND NOW....
Gold and Silver hit my stop loss again but as I said I sold it for my target (Gold as mentioned before 28000).....Also I said earlier that Gold maximum down is 27850....It did not go till there but bounced back from 28907......
Anyway, I bought again at 28000 with SL below 27850 for TGT 28300 but now I kept all my buy positions and did not book at 28300........I will keep adding on buy positions till 28250 again for my LONG AWAITED target 32750+++ ....But now I have revised my long term targets to 42000......
I don't think now Gold will see 28000 levels again this year till my target 1 32750++ and then with some retracement ( which we will see that time) will go till 42000 ( or equal level to Comex 1700+)....
Silver will make new all time high above 100000.....
Base Metals : I covered my long positions and was waiting to break supports....But it did not.....
I have no positions in Base metals yet .....with the price movement on Friday now it looks that they have made double bottom last week and now reversed to make new Highs.....Zinc will hit my LONG awaited target 1 - 210.....
Crude is about to fall more when it breaks 3100 again.....I will keep selling till 3220 .....
NG is revered from 169 after making double bottom.....I have some long positions but I am waiting for 187.60-188 range to add more buy positions for TGT 1 250 and TGT 2 - 270+.....
SO OVERALL I AM BUYING GOLD, SILVER, BASE METALS, NG......SELLING CRUDE......