Gold
Not able to breach its resistance level of 26240 and slipped
again to 25846 mark
Now what to expect???
Support at 25830---25760 and Resistance at 26130---26240
Either side break or close with volume will decide
further... Till then traders can trade in a range with strict stop loss and
wait for confirmation
Anything seems will update via App.
Silver
As expected... Panic continues. Made a low of 33455
Close below 33400 will take to 33100---32900 and then to
32600 mark
Further downside panic will see only close below 32600 level
only
Upper side seems limited but choppy trading session remain
continue in it. So traders can trade with levels only and wait for confirmation
Anything seems will update via App.
Crude Oil
Yesterday... we again recommended selling in Crude oil
around 2180---2200 mark. It crashed vertically and made a low of 2047 mark. We
booked full profit.
Now what to expect???
Crude oil has support at 2025---1960 and Resistance at 2085
Below 2045... it could test 2025---2000 and then to 1960
mark. Further downside panic till see only weekly close below 1960 mark else it
could test its resistance level of 2085 again
Further upside rally seen only close above 2085 mark
Close above 2085 will take to 2150---2180 and then to 2250
mark
Positional traders can buy and accumulate Crude oil in panic
around 2025---1960 with stop loss below 1860 on closing basis for the initial
target of 2300---2400 mark
Stop loss should be maintain properly.... Anything seems
will update.
More will be update soon only on our Android App.
