Today, Gold will keep continue moving upward. It may show 32,000 very soon! Gold can stop moving up if it will break, 31660 levels.
Silver intraday traders must keep eyes on 47940 level because it’s a hurdle and if it will break or hold below the hurdle for 1-2 hours then you will see 47600-47550 levels.
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Do you remember 11 July 2016 report of crude oil? No? Click here!
I had clearly said, “You can sell crude oil while it will close or go below to 3055 level. Check above chart, crude oil can show fall up to 2900-2700 levels. These are seller’s area!”
Finally, crude oil touched all targets. It’s time for party!
What you thinking now? Crude oil will break 2600 and 2500 levels or take U-turn from here?
Natural gas is best for intraday trading today.
Crucial level: 182.5
Buying pressure will start near to crucial level and if it will break or go below to this level more than two hours then you will see 179.5-177 below levels.
Natural gas is strong above the 182.5 levels, so I would recommend buying it for 187-191-193+ levels, but don’t forget the crucial level.
MCX Nickel are throwing strongly buy signals. Targets: 724-728+
Do not forget to keep eyes on 710 level. It’s very important! If it goes below to this level then nickel may go down up to 705 – 698 below.