Dear Traders,
The price has tested our SL area several times and stopped out. We were closely monitoring the price action. Currently the price has tested the 104.00 zone which was our earlier SL. Since yesterdays CPI Data are in red, we expect the Production Price Index (PPI) will show the similar too. The price might test another low before hands
Hence, our earlier plan to go long is still on towards $107.5 with new entry price is at 103.50 and SL is 102.500