HFBC : CRUDE OIL CLZ18 : NEW OPPORTUNITY @ $ 69.70

CRUDE OIL NYMEX SETTLED ON WEDNESDAY AFTER INVENTORY @ $ 69.70

If u have follow my previous blog you understand that I am a trend trader however once in a while I prefer counter trade also which is seen in CRUDE oil pattern. I think this is a perfect structure after OIL drop down 3rd Oct HIGH $ 76.72.

This is the perfect BULLISH position entry with STOP loss $ 67.50 and RISK reward also favourable now.   Problem with Saudi Arbia will also support the price here is short term.

for a daily INTRADAY trade write me bestech30@gmail.com

regards

Rahul Kumar
HFBC
+91 8193003476

HFBC : COPPER (HG) TREND FOR THE WEEK 10 OCT 2018

COPPER FUTURE (HGZ18) : SETTLED 2.8065
COPPER future in the December contract SETTLED yesterday trading @ 2.80 ABOVE per pound, as I recommending a BULLISH position @ 2.77 level.  COPPER price have been moving sideways over the last couple of days. However for BULLISH momentum to continue have to break and stay above 2.87 per pound.

     I am still remain BULLISH as I also recommend BULLISH position in GOLD and silver too.

COPPER price were trading 3.34 in early June so there is room to run UPSIDE as demand is starting back.

RECOMMENDTION : BUYING WITH CLOSING BASE STOP ORDER 2.75


for intraday trading CONTACT bestech30@gmail.com


regards

Rahul Kumar
HFBC
+91 8193003476

HFBC : BULLION TREND FOR WEEK STARTING 08 OCT 2018

NFP : Nonform payroll on Friday was supposed to give clarity but brought very little.  August job growth saw a massive revision from 201k to 270k.  September job growth revised the mark, coming it at 134k versus 184k, but that was expected due to Hurricane Florence.

BULLION : BULLION will began a new UPSIDE rally very quickly.  I wrote in my last post that GOLD n SILVER creating very strong floor at BOTTAM line $1180 to $1190 and $13.96 to $ 14.09 respectively.  My initial target for gold $ 1245 ND 1272.

     Recent LOW help to confirm UPSIDE projection as the most resent LOW price created a price rotation that further UPSIDE indication.

     What is needed right now, a push ABOVE $ 1218/1220.  I personally believe this BOTTAM setting up in GOLD ND SILVER may be the last time you see  $1190/1200 price for a while.

RECOMMENDATION : BE A AGGRESSIVE BUYER ON DIP AND $ 1170 CLOSING BASE STOP ORDER .

for more details nd INTRADAY volatility  write me bestech30@gmail.com

regards

Rahul Kumar
HFBC
+91 8193003476

HFBC : GOLD SILVER CRUDE COPPER ND FED WEEKLY START 01/10/2018

FOMC : I already wrote about the Fed Wednesday hike.  It was the third hike this year, with another expected in Dec 2018.  The Fed also said that they are looking for one or two increase next year too.

GOLD : TRADERS have noticed that GOLD has built good floor around here, perhaps technicians are thinking GOLD could be in more trouble BELOW $ 1280.  For now this GOLD enthusiast is strictly with no worry unless GOLD not close BELOW $ 1170 weekly closing. I m buyer in GOLD same way near around $ 1183 and holding continue.  Keep watch and when it's break-up out it's BOTTAM, BUY more but have STOP loss ORDER always fevour traders.



COPPER : COPPER future in the Dec contract SETTLED last Friday $ 2.85 and trading now $ 2.80.  I have been recommending a BULLISH position at $ 2.77 level nd holding for a period for 3/6 weeks.

SILVER : SILVER future in Dec contract sharply made HIGH on Friday $ 14.76 an ounce.  If you remember my last blog I recommend a BULLISH position with STOP ORDER BELOW September LOW $ 13.95 (expected BOTTAM OUT and place a multi year low).

CRUDE : CRUDE oil price which are hitted a fresh 4 year HIGH $ 73.72 very near our 2nd target $ 74.  I have recommend AGGRESIVELY BUY around $ 71.  This week may see some PROFIT booking..but overall BULLISH and BUY on dip seems.


for any query CONTACT

Rahul Kumar
HFBC
+91 8193003476

OR write bestech30@gmail.com