Gold
Support at 26430 and Resistance at 26630
Below 26500... it could test 26460---26430. Decisive break
and sustain below 26430 will take to 26250---26180 mark else it could test its
resistance level of 26630 again
Decisive break and sustain above 26630 will see further
upside rally till 26800----26880 and then to 27050 mark
Traders can trade with levels only
Silver
Told to sell around 35900 with stop loss of 36400. Crashed
and made a low of 35400 and trading around 35480
Now what to expect???
Break and sustain below 35400 will see further panic till
35230---35150 mark. Two consecutive closes below 35150 will see free fall in
Silver till ???
On rise sell it!! Fresh buying can initiate only close above
36400 mark
Copper
Panic continues and made a low of 336.05. Still looks weak
and could test 332---328 and then to 323 mark in days to come
Hurdle intact at 340
Traders holding short as per our level can revise stop loss
of 340 on closing basis.
More will be update soon!!
