A view on commodities

[DSM]

Crude Daily - Line Chart

Crude Daily - Candlestick Chart

 

[Shikamaru]

CL is liquid gold to me.. once we start to understand its fundamental

 

[anujtycoon]

VIEW ON SILVER
A possible trend reversal might have taken place in Silver after long uptrend.
Please refer to the Weekly Chart & Daily Chart images.

On Weekly Chart, Silver broke RSI trendline 4 weeks back & yesterday formed a Evening Star CS pattern.

On Daily Chart it broke RSI trendline yesterday.

This week might see correction in Silver & in following weeks after that.

 

[anujtycoon]

VIEW ON SILVER

A possible trend reversal might have taken place in Silver after long uptrend.

Please refer to the Weekly Chart & Daily Chart images.



On Weekly Chart, Silver broke RSI trendline 4 weeks back & yesterday formed a Evening Star CS pattern.



On Daily Chart it broke RSI trendline yesterday.



This week might see correction in Silver & in following weeks after that.

A wonderful sell opportunity to sell today very close to the SL of 46200.
All SL are on closing weekly basis.


Sent from my iPhone using Tapatalk

 

[anujtycoon]

VIEW ON SILVER
A possible trend reversal might have taken place in Silver after long uptrend.
Please refer to the Weekly Chart & Daily Chart images.

On Weekly Chart, Silver broke RSI trendline 4 weeks back & yesterday formed a Evening Star CS pattern.

On Daily Chart it broke RSI trendline yesterday.

This week might see correction in Silver & in following weeks after that.

As expected, SILVER corrected about 14% from highs 2 week back.

 

[DSM]

Today NFP data will be released at 6 PM. So expect big moves in Gold/Silver.

As expected, SILVER corrected about 14% from highs 2 week back.

 

[anujtycoon]

MACD Crossover far from zero line
ADX way above 20
Stochastic sell
Can Alumini fall more?

 

[anujtycoon]

MACD Crossover far from zero line
ADX way above 20
Stochastic sell
Can Alumini fall more?

AND it fell !!!!!!!!!!!!!!!!!!!

 

[tradertrader]

AND it fell !!!!!!!!!!!!!!!!!!!

Yes it can fall upto 106.10-15 even more. Bollinger band break down in daily possible. Yesterday sold at 111.30 but covered soon due to other trades though expected some positional fall. Anyways one can expect more fall.

 

[padiyaraa]

Today NFP data will be released at 6 PM. So expect big moves in Gold/Silver.

gold is at strong support now.