Gold is Approaching Critical Area of ABC wave Correction AND Channel Support. This is around 1640-1670 Zone. With COT Reports Turning Bullish, it can be very interesting area for Longs in Next 2-4 Weeks Commentary On Chart
Silver With Declining Weekly Volumes / Bullish COT Reports / Sweet Channel and Horizontal Support ALL nicely lining up now. It is ready for TURNING UP ON WEEKLY charts. But as Always COT Reports and Weekly Charts Takes Time to Turn. I am taking that as 2-4 Weeks Time. Keep an Eye on Daily/240 Mins Momentum Turning UP.
Please read my comments on Chart. Keep an eye on ICE Cotton for Buying Opportunities in Next 2-4 Weeks Time
I have Provided the Commentary On Charts. Please go through it.
COT Reports and Daily Technicals Suggest that Copper is due for a Bounce Shortly
Looks like something went wrong with charts. Posting Again
NG now needs some caution on upside, but Momentum is still Solid on Upside. Read My Detail Commentary on Chart.
Cotton. Monthly Close above 141 may open up gates for a target of 180.
Silver is Likely to Behave in Line with Gold. Read my commentary on Gold. Same applies to Silver
COT Data for Gold is looking Weak. Upmove is on low volumes. Wait till it pauses and turn down. Commentary on Chart
Gold needs caution now. Commentary On Chart.p>Lease tighten your stops NOW.
Keep an eye on Copper. It CAN be a wait of few more weeks, before it breaks out
Gold could Break On Either Side on Weekly Charts. Any side break could give $175-250 Move. With RSI above 50 and COT Index Bullish, i am having a slight upside bias. Lets see
Silver needs some patience for entry. Either on Test of Rectangular Area OR Trendline Break. Enter basis Daily Charts
Strong COT dat and RSI favors longs in copper. Comments on Charts.
Crudeoil is on a strong uptrend. Good buy on a dip on daily charts. COT Data still strong. Comments on chart
Cotton may be ready for 135-140 on a retest of 95-97 region. Comments On Chart
Copper shall correct in Near Future. But the Wait could be Long