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Money Making Time: Silver, Crude oil, Zinc, Mentha oil & Cotton Tips

Posted: 23 Dec 2018 08:16 AM PST

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.

Note: Tomorrow we are going to update a special report of Copper. Don’t miss out!

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LAST OFFER FOR THIS YEAR: Celebrate the Wonder and the Joy of the Festive Season. Merry Christmas!

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