The Commodity is trading in a Range at Higher Level from 3-4 days. If the Commodity closes below 4.080 on an hourly basis we can see some correction coming. A EMA's crossover has been seen where the Fast MA has crossed the Slow MA from the Top.

The Commodity is trading below the EMA's. The RSI is trading near 30 and is respecting the price move which is a good sign.

Macd crossover is seen above 0, if the commodity closes below the mentioned level and the macd is below 0 we can expect selling pressure to increase.

Advice : Sell only if the above conditions are fulfilled.

Opportunity Nearby

Aug 09 2021

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