Did you read our last silver alerts? If not, click here. We had written there, “Keep note silver support level is 37200 price”. After touching our support level, It took the u-turn.
But this is not an assured confirmation for the uptrend. Yes! A downtrend can be confirmed if silver breakout the support level and close below it consecutively.
And this downfall can drag down the silver’s price up to 36600 – 36200 – 36000 – 35800 levels.
Note: a sideways trend will continue between 38000 to 37200 range. An Uptrend will confirm after breakout 38000 level. Don’t think much about downtrend.It’s time to focus on Intraday trading.
Should we keep selling Natural gas?
Yes! But after 182.6 level. Complete breakout will require. Targets:178 – 172 – 166
Important note for Zinc traders
As per the last Zinc forecasts, it has touched all levels. It’s very close to the all-time high (232.7 level). Short-term/long-term investors must wait now. This week, we might see above the 230 level with sideways movements.