The shiny metal is trying to re-test the 908.80 level again and this time as a third attempt it might actually breach it and then we will start talking about the 920s level. The shiny metal has been climbing for nine days in a row and it might make a correction any minute now and that's why we are not willing to initiate any upside target today above the 908 while we are not going to recommend any sell. But we recommend you to watch the 908.80 and buy on any break from there and sell the metal as far as this level stands still.

The trading range is among the key support level at 890.90 and the key resistance level at 925.00.

The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.

Resistance905.30 907.00 908.80 912.10 914.20


No Recommendation.