Crude, gold and Silver signals and update!!

[mastermind007]

JUst to reiterate I am positionally short...n wud like to hold it..n hence my views may be biased... but whtever call igive I take position in tht too n thts y I hv attached this screenshot..

Deepak

I was not doubting you.

Your biased opinion is more worthwhile than many analyst's unbiased ... :clap:

 

[deepakkukrety]

US Consumer confidence data at 8:30 pm today could be a mkt mover...if it comes better than expected expect silver and gold to move down n test their recent lows and crude to move up... dollar shud also strengthen..

 

[deepakkukrety]

USD Consumer Confidence (NOV) (survey 72.6) (prior 71.2) ACTUAL: 70.4


NEUTRAL data..

 

[deepakkukrety]

Stopped out at 5890.... no position in crude now...have to change strategy tmrw onwards as mkts are really v choppy...probably range trading with contra position wud be fruitful till levels are broken..

Hv added more shorts in my silver position at around 44650..now holding huge chunk...

 

[TraderPRO]

Stopped out at 5890.... no position in crude now...have to change strategy tmrw onwards as mkts are really v choppy...probably range trading with contra position wud be fruitful till levels are broken..

Hv added more shorts in my silver position at around 44650..now holding huge chunk...

I think for silver, it could be tug-of-war b/w china and US for the next coming days. As long as silver below 45570, I think its rangebound to bearish. I am pure intradayer.

 

[Tamil trader]

i am still bullish in crude

 

[deepakkukrety]

TT..even though i m expecting reversal in crude but it seems breakout technique is not working offlate...so even i want to go long but nw i feel we shud buy on dips rather than on breakouts...

 

[deepakkukrety]

BUY crude here at 5853 stops at 5820 for a tgt of 5939....

 

[Tamil trader]

BUY crude here at 5853 stops at 5820 for a tgt of 5939....

I also expect the same now...

Because 93 is the good support level for crude and 5820 is also the good support level for crude...

so it may bounce back anytime

 

[deepakkukrety]

Stops triggered at 5820..buying again at 5811...I may sound like an indisciplined trader who is catching falling knife but we must accept tht we are just in a range from 92.50-95.60,....just like price probed higher end at 95.60 it is testing the lower end... weekly charts still shows uptrenline intact..today's close is imp...any short covering should be really huge and fast...on contrary if 92.40 is broken we may see downfall to 90 lvlls in coming days..