Monday, July 25, 2011

Commodities continued


Copper has a target of 480+

I expect crude to head to 5000+above 4600 otherwise a brief correction to 3800 then up again


GOLD - should be accumulated at every dip - We may possibly see 17000-18000 which should be used as a buying opportunity - Gold in my mind has a target of 45000 / 56000
 Lead can see an upward trend to 157 / 145 then down to 80


 Nickel similarly will head up to 1550/1600 before heading down to 800
 Silver I expect another test at 72000
 Zinc in a triangle - trade the breakout only above 116