Gold
Not able to breach its support level of 26890 and bounced
back to 27147. We recommended buying around 26950 mark
Now what to expect???
Close above 27060 will take to 27230 and then to
27400---27550+ mark in days to come
Fresh selling can initiate only close below 26890 mark
Silver
Support at 36600 and Resistance at 37300
Close above 37200 will take to 37500---37800. Three
consecutive closes + weekly close above 37800 will take to ???
Else it could test its support level of 36600 again
Two consecutive closes below 36600 will take to
35800---35300 mark in days to come
Trade safely with levels only
Copper
Told to sell below 444.80 mark. It slipped and made a low of
339.85
Now what to expect???
Support at 339 and Resistance at 345
Close below 339 will take to 335---332 and then to 328 mark
else it could test its resistance level of 345 again
Close above 345 will take to 349---352 mark. Further upside
rally seen only weekly close above 352 mark
Trade with levels only
Crude Oil
Support at 3020 and Resistance at 3080
Close below 3020 will take to 2970---2930 and then to 2880
mark. Further panic seen only close below 2880 else it could test its
resistance level of 3080 again
Close above 3080 will take to 3130---3180 and then to 3250+
mark in days to come
Trade with levels only.
More will be update soon!!