Base metals are still non trending so I would advise to wait until trend become clearer. Although the direction seems to be on a little -ve side but still I would not initiate any trade. Yes only risky trades with strict SLs can be picked.
Crude is still falling ever since it was unable to breach 3510. It has given almost 350 points so far..The next very recent support is 3135-3141 and after that it may lead for 3092-3046. The last support for bulls is ?????
Gold and Silver are still weak but a technical bounce can be seen any moment. They are still sell on rise items.
Natural Gas is still weak & is prone for more fall. My final target has already been communiated to the clients long time back when it has broken its support of 189 range. We have already reached 60% of the target and 40% is yet to get..Lets see when it comes...
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sir,is crude has formed THREE BLACK CROWS chart pattern in DAILY CHART on 30-6,1-7,2-7.........
ReplyDeleteYes maha you spotted it correctly..
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