Gold & Silver cracked badly as expected but bounced back from lower levels sharply. Still expect high volatility in these counters. Trade with strict SL.

Natural Gas as mentioned yesterday has taken solid resistance at channel upper trendline and fell from there. We shorted at days high for a target of 200 and it made a low of 220.30. Now strength is only above 227 on this counter for targets of 230.5/233.6/236.4

Metals are melting with selling pressure so keep selling them at their respective resistances & buy them near support to make some intraday money.

Crude oil still looks positive although we have seen a huge volatility on both sides yesterday due to its inventory which came as expected in plus. It has eaten trader's SLs on both sides. For last 3 days it has taken a nice resistance in 2719-2724 zone and yesterday it has taken that resistance as well and after making a high of 2742 fell badly....