Base metals are still going strong. Although all of them are in the overbought zone but so far there is no sign of reversal. Also the very important part is trend is getting stronger so until trend gets change we should remain long. All efforts to pick up the top would go in vain. So be with the trend and enjoy !!!!
Crude still looks good and is in positive zone. 3327 is the support and 3482 is the range to move.
As mentioned yesterday Silver was looking very strong so we traded a positional long call in Silver and 3 targets met intraday only. Gold itself was not so strong but was pulled up by Silver. Now after yesterday's rise Gold also looks good for longs. Exact levels only for clients.
Natural Gas is still non trending and below lots of resistances. Now it has made a nice support in 184-186 zone so any further weakness will come only below it. Short term looks good to buy near support but until it closes above 200 the real strength wont come. Lets see when it happens.
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