Market Commentary:

1. As i expected it bounced from 18.3 level and The next level of resistance is 22.5 what i said earlier.

2. Once it reached there whether we are in the connecting wave for wave X) or it could be wave ii) of (C).

3. If the connecting wave X) or ii) to be a more complex then it wont break the low 17.5 may retest that 24$.

4. I am expecting that 22.2-22.5 is a good for short then we will see how the wave is forming for a bullish to 24$ or to break 17.5.

5. In either side I need a 3 wave structure minimum to 19.1 to reach and it is possible. May be we can make that as a 1st TP.

DISCLAIMER : All labelling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
Commodity Central - chart - 15610983