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Where gold will move now ?
Will copper come down again ??
Crude can buy for long term ???
why natural gas moving like this ????
Technical analysis is the answer for all above questions.
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Gold (16.11.2016) finally kissed the $1321 mark as we mention in last article & then fall sharply. The current chart of gold favor more weakness ahead of FOMC rate hike probability in December meeting.
Silver (09.14.2015) moved higher & almost kissed the $18.70 as per our last report. However strong down trade line stopped the momentum.
Crude (26.10.2016) surly staying in bull mode since the start of year 2016 when it made a low around $28. Since than crude is running with bullish tone. Crude holding up the upside channel nicely with ideal elliott wave pattern.
Copper (03.11.2016) providing an upside breakout from BIG triangle pattern. This move in copper could established a new upside trend. The most important thing with this breakout is rising volume as we can see on charts.
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