Nowadays I like to recommend silver again and again because its out-performer and silver will outperform on next week too. Additionally, high buying pressure may drag silver from 43000 to 43450-44000 levels.
Silver will definitely run upside nonstop, but you must be careful with the hurdle because massive selling pressure may occur if it will remain below the above-mentioned hurdle. If you don’t have sufficient knowledge technically & fundamental, then stay away!
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On last week natural gas has been broken uptrend. I don’t think we will see an upward rally on next week. I would recommend keeping selling natural gas for $2.732 – $2.640 levels. Even MCX Natural also going to fall down near about 186-180-176 levels.
But keep in mind, exact entry level + stop loss = for premium subscribers only.
From 2017 year beginning, MCX Aluminium is rejecting to close above 127.5 levels. It can be bad news for short-term / long-term investors! But opportunity is still out there. If you pick aluminium above or @ 127.5 level then you book profit @ 128.5 – 129 levels. But this going to happen whenever it rises and close / crossover above to that level.
But if we talk about this Monday then it must…
If anyone suggests me to sell copper then I will definitely do it but… for intraday trading only. I still don’t see any broken trend lines or signal as a reason for sell short-term or long-term.
The intraday trader may see 396 – 392 levels but don’t trade blindly because copper will break 2017 year high soon. Subscribe us and get metal commodities complete reports & intraday trading tips.