Sunday, 23 April 2017

Commodity Update 23 April 2017

I am still holding my Sell positions in Gold and Silver....Though Silver has given me much good profit and Gold has moved slightly upside ...I have added more sell in Gold at 29446 ( 4 hr resistance at 29446)....it made exact high at 29447.....cheers....I will add sell till 29588 if it goes there.....

My stoploss for Gold will remain at 29802 and Target will be 28815.....I will buy Gold at 28815 or only if it breaks 29800....

Silver may or may not see 41800 level where I will short more silver with SL above 42100....Break of 41000 will see silver at 40800 and break of 40600 will take silver again to test 2016 lows....I will try guying at 40800 with small SL of 40700 for more upside movement and break of previous high.....

Lets see.....BUT YOU GUYS TRADE WITH PROPER SL AS PER YOUR EQUITY....DONT OVERTRADE.....

Base metals as told before I am adding more long positions....

Crude - I have booked profit on Sell positions and now I have no positions in Crude....