Crude support @ $16.7 - 22.62 100% return from this zone - target minimum $33 maximum $42 Duration 6 months to 12 months Any move below $17 will be stop hunting trades. Be cautious! All the very best!
Gold breaks out multi-year resistance level 1365 and now trading at 1550. Before moving further, i'm expecting correction towards min 1490 level, may be even 1450 possible.
Gold breaks out multi-year resistance level 1365 and now trading at 1550. Before moving further, i'm expecting correction towards min 1490 level, may be even 1450 possible.
Gold Monthly support & fibo levels @ 1211 & 1172 If somebody has a long-term view on gold can *accumulate between these levels* Weekly RSI oversold (below 30) If gold is in bull market, unlikely to break 1172. But keep some money to buy around 1120-1140. Target open :-) (Minimum 1250 short term)
Crude crawling around weekly support...risk takers can initiate shorts for the target of 57 (minor support seen@59.5) Stop loss above 62.5 I personally feel crude oil struck in a range 55-65
Every one will initiate shorts around this level 60 to 62.. So please be extra cautious if biggies run out all short stops @62.5 Other wise good to enter the short set up as the weekly RSI is turning oversold
If crude is in uptrend, today's low @ 55.8 will act as support for target 62 If break today's low then target would be around 53 (@200ema)
Natural Gas major support @ 2.88 mcx natural gas @ 186 one can inititae long above 186.5 for a possible target 192 SL 185