Big money from big business has bet that won’t occur. Almost certainly an in safe hands bet. On the other hand, horse races and elections sometimes surprise the odds-makers. The moves over the past few days in the forex markets are totally based on risk hatred. There are numerous worries for big traders. The outcome of the US Elections next week, fed and quantitative easing, and central bank interventions. Commodities have had a good run, so there could be some traders prepared to store some profits. “Anything could happen this week.” The elections on Tuesday could also have an impact on commodity prices. Direction in prices should seem much clearer by the ending of the week.
Gold futures are trading at on $1,351 an ounce on the session lock on Monday. The previous towering in price is around $1,388 and the low down closing stages of the range is on $1,315. A break under $1,315 could lead to a deeper alteration as physically powerful support for the market would be broken down at that point.
If zinc open around yesterday closed price (108.75).
Close eyes and Buy it for small packet money.
Intraday traders for profit book time 110 – 110.5 – 111
Buy copper above 371.5 and set profit level 374 – 375
If copper break and touch 370 then it can go 368 – 367
Don’t hold long!
Oops! Natural gas again had broken my level 174.9…
What happen now? BULL or BEARISH?
This is big storm start line… [Bada toofan aane wala hain]
What you expect in Crude oil, Silver, Gold, Nickel?
Yes, my subscribers know. What to do now.
Do you want to know more about Commodity