I was not expecting commodities to retrace and show some downside more than last friday.....
Yes indeed it did not break last friday low except Gold....
Anyways but I am buying Base metals and bullions on dips as positional trader ......As these commodities are moving sideways and consolidating there is nothing much on day trading ......
My targets still remain Intact.....as I am waiting and waiting for breakout to happen upside.....
For gold there are few small resistances in between till it break 30480 .....it will keep going up down.....But Still I have buys taken from 28000 in profit so not worried till it cross 28000 again as I have modified my sl to 28100....
Overall I am still bullish and keep buying on dips....
Crude oil I think may visit 3309 and then fall if not 3384 and fall....So adding sell on rise at these levels.............