Silver trading strategy for this week
Did you read our silver report? If not, click here.
“Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Below 38K look for further downside with 37650 – 37300 – 37000 as targets. The bullish trend will resume after closing price above, 39100. Sellers must beware of the breakout of, 38650 level.“
Further information about silver will update on market hours for paid subscribers.
Important Update of Natural gas
What had I written about Natural gas on Sunday? Must read, click here.
I had written, “… In this week, hurdle level of 201 is very crucial. Above 201 looks for further upside with 205 – 207 as targets.”
Yesterday, Natural gas made a high of 206.2 and closed at 205.4. The first target of this call has achieved.
Zinc is sellable up to 172.6 – 171.6 level.
Exact entry level with stop loss will update for premium subscribers.
Note: Mentha oil has crossed our 1675 level (click here). We may see the 1700 – 1720 – 1740 levels now.
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