Base metals mix mood continues. As mentioned earlier that something is cooking in Aluminium thats why it rising consistently. What is its next resistance...ask me?The same way Copper, Lead has similar behavior as neutral and Nickel, Zinc has similar behavior towards bearish...check it out for exact levels for short or long...
Crude is still overbought & can crash badly from here. But at which level to short & what should be the SL? Check it out...
Gold & Silver were neutral to bearish & we have seen some downside selling in these counters. They still remain on bearish side specially Silver. The worrying part is that both of these counters are trading with low volumes as if they are waiting for some event or news to happen. It means they might show some drastic moves either side. So trade with strict SL.
Natural Gas can fall more from here. Looks somewhat bearish side.
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