Gold
Support at 27060 and Resistance at 27230
Decisive break and sustain above 27230 will take to
27360---27450 marl else it could test its support level of 27060 again
Break and sustain below 27060 will take to 26970---26890
mark. Three consecutive closes + weekly close below 26890 will take to ???
Trade safely with level only
Silver
Support at 36600 and Resistance at 37300---37800
Still looks weak and could test its support level of 36600.
Two consecutive closes below 36600 will take to 35800---35300 mark else it
could test its resistance level
Further upside rally seen only close above 37800 mark
Overall trend looks weak and any sharp rise will be selling opportunity with
stop loss of 37800
Trade with levels only
Crude oil
Not able to breach its resistance level of 3080 and slipped
again to 2980 mark. We recommended selling below 3020 level
Now what to expect???
Below 2980 will see further panic till 2950---2920 and then
to 2880. Three consecutive closes + weekly close below 2880 will take to ???
On rise sell it!! Stop loss intact 3080
More will be update soon!!
