Although the bias is positive I would say the real trend is not there in some of the metals. Out of all Nickel seems to be the best to go long followed by Zinc & Lead. Keep strict SL for all the trades.
Crude Oil as expected has risen a lot in last one week ever since it broke out above 2585. Clients have enjoyed the early entry & booked the profits on time. It is still strong but where to get the next entry????? Ask for it..
There is not significant change in Gold & Silver. Bias is still positive. Buy on dips.
My lovely baby Natural Gas has given huge profits ever since we have picked the bottom. As mentioned very clearly that the real strength will come only above 197 so we are long since 197 levels & booked 2 targets already. It is still strong & buy on dips item. In my opinion heading for 218/226 in coming time...keep an eye..
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thanks for the crude call...what is the next target and where can one get an entry for longs again??
ReplyDeleteThanks!
No Views on Copper??
ReplyDeleteMust b same as Nickel.