MoneyMunch.com

Is Silver Under Pressure?

Silver’s downtrend can continue this week. If silver shows closing price (or breakout) below 37180 level, it can touch 37060 – 36960 – 36800.

Traders should avoid selling silver after breakout or closing above 37660 because this level can move up the silver’s price above 38000 to 38500.

Crude oil: The downside prevails

In the last week, crude oil price jumped down to 3186 levels. Will the crude oil prices descend as per our previous report?

Click here and read that report now.

Zinc: Turning down?

Hurdle: 182.5

The RSI & MACD shows downside momentum. Below the hurdle level, lead’s price can collapse up to 175.6 – 172.6.

Above 182.5 looks for further upside with 185 – 187 – 190 as targets.

Mentha oil: Watch 1500 level

Mentha oil freeze nearby our resistance level. What will happen next? To know it, click here and read our last mentha oil’s report.

Is Cotton Aim 20500 Level?

In the last trading session, cotton is closed at 20770 (-250 rupees). Cotton price is under heavy downfall. Bearish trend continuation can drop the cotton prices up to 20680 – 20500 levels.

Would you like to get our all commodity updates instantly? We have an option for you.
Click Here: Free Commodity Tips

Do you want to get Premium Calls only?
Click Here: Premium Commodity Tips

If you have any questions or concerns about Commodity Market then contact by following ways:
Email: support@moneymunch.com
Phone: +91 903 386 2706

Have you any question/feedback about this article? Please leave your queries in the comment box for answers.