Gold
Today we recommended buying in Gold above
28730 mark.
It flared like anything and hit 29290 mark.
(see the screenshot below)
Now what to expect???
Close above 29250 will see further upside
rally till 29400---29550+ mark in days to come
On Comex division, Above $1156... our target
was $1190---$1225 and ultimate target was $1339. Just made a high of $1229
Three consecutive closes + weekly close above
$1225 will see further upside rally till $1260---$1290 and then to $1339 mark
in days to come
Revise stop loss of $1180 INR 28000.
Immediate support at 28900
Silver
Clearly indicated that above 35400... we will
see upside rally till 37000---38000+ mark.
Just made a high of 37960
Now what to expect???
Hurdle at 38000.
Three consecutive closes +
weekly close above 38000 will see further upside rally till 42000---43000+ mark
in days to come
Already booked part profit.. Now revise stop
loss at cost to cost of 37450
(see the screenshot below)
Copper
Told to buy around 303 with stop loss of 300.
It made a high of 308
(see the screenshot below)
Now what to expect???
Close above 309 will take to 312---315 and
then to 320+ mark in days to come else it could test its support level of 300
again
Close below 300 will take to 294---289 mark
Trade with levels only
Crude oil
Close below 1800 will see further downside
panic till 1760---1745 and then to 1700 mark else it could test its resistance
level of 1860---1900 again
Further upside rally seen only close above
1900 mark
We will not sell Crude oil at current levels.
We will try for bottom fishing.
So wait for confirmation.
Anything seems will
update on our Android Application
Trade with levels only
