First I will say, please read it again my 1st July weekly outlook in Gold and Silver. CLICK HERE TO READ IT. I said there, “Once it break and close below 25,172 support then it will move downside continuous and touch 24,664 – 24,201 – 23,739 – 23,378 levels. If it will ensue up arrow (in above gold chart) then definitely hit 25,798 – 26,422 – 26,829 levels.”
As I said, Gold kissed my two targets and made high 26,430. I was also written there about Silver and that is still secret for my subscriber. I just want to say you, if you don’t understand market direction then don’t trade. More I will say to my subscribers only!
Nickel is looking upside. Hurdle is 812 level. Once break the hurdle close below it then it will touch 806 – 799 – 792 levels. But I expect, 824 – 831 – 837 above.
You can see in above chart, Mentha oil broke the support thus, I don’t think, it should to move upwardly. Targets: 933 – 914 – 901 – 880.
See my above chart, you can look 3 yellow circle. That is saying, once touch support 212.5 then it try to kiss resistance. So what to do with Natural gas? Simple, go and buy it but carefully because exact level is require make perfect trade. My targets: 226 – 230 – 232.5 level after close above 223.5 otherwise it will come back @ 212.5 level.
MCX CPO is looking very strong. I don’t need to explain more, just buy it now. Targets: 515 – 517 – 519
Short-term target: 523
What you say about Crude oil?
It will go down or up?
I write below with chart and weekly trend of crude oil but for my subscribers only!