Commodities - Update 17
✅ In profit across ALL TRADES
Corn $ZC1! - MACRO BULL
✅ +7% from entry. Weekly chart keeps showing strength. Our trade was saved by the bell as price almost stopped us out but we've now seen quite a bullish reaction. Price keeps on giving and we've now flipped previous support to resistance.
Next key level to look at is $476. A strong macro close above this high will finally confirm a macro bullish flip and more than likely confirm that the bottom is in.
Natural Gas $NG1! - MACRO BULL
Dips are for BUYING!! Beautiful bullish market structure. Any retrace towards the green box is a BUY opportunity Macro outlook looks extremely well.
Gold $XAU
✅ Almost +4% up from re entry, trade running great so far. The weekly chart looks quite well too. On shorter timeframe it wouldn't hurt taking a small profit at market price.
Silver $XAG
✅ +9% from entry. Perfect pump from entry as well and we'll be targeting previous highs at first. Weekly chart looks BULLISH.
Copper $HG
✅ +6% profit from entry. Patience pays off my friends. Weekly chart looks quite well too and has even higher targets.
"All fiat currencies ultimately go to zero." - Voltaire
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Previous report HERE:
Luis Ricardo Guizado
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Not financial or tax advice. Zelf Trade is not a financial institution. No content on this Newsletter is financial, accounting, legal or tax advice. Zelf Trade content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
