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- Major resistance - $14.40
- The commodity jumped till $14.36 and declined till $3.96. It is currently trading at $14. Short term trend is still weak as long as resistance $14.40 holds.
- Any break above $14.40 will take the commodity to next level around $14.65/$15./$15.25 level.
- On the downside minor support is around $14 and break below targets $13.80/$13.60 level.
- Overall bullishness can be seen only above $14.65.
It is good to sell on rallies around $14.40 with SL around $14.65 for the TP of $13.80/$13.65.
