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- Major resistance - $14.60
- The commodity has broken major resistance $14.60 and jumped till $14.89. It is currently trading around $14.80.
- Any break above $14.60 will confirm minor bullishness, a jump till $15.10 (200 day MA)/$15.73 (78.6 % retracement of $16.34 and $13.62) is possible.
- On the lower side major support is around $14.30 (55 day EMA) and break below targets $14.05/$13.85.
It is good to buy around $14.50-$14.55 with SL around $14.25 for the TP of $15.15/$15.70
