Gold
Support at 29030 and Resistance at 29250---29400
Close below 29000 will take to 28700---28400 and then to 28000 mark in days to come else it could test its resistance level of 29250---29400 again
Further upside rally seen only close above 29400 mark
On Comex division... Gold has support at $1225. Close below $1225 will take to $1205---$1190. Three consecutive closes + weekly close below $1190 will take to ???
Trade with levels only
Silver
Support at 36600 and Resistance at 37400
Below 36850... it could test 36600 and then to 36000---35700 mark. Three consecutive closes + weekly close below 35700 will see free fall in Silver
Major hurdle at 38000---38800
Copper
Support at 332---328 and Resistance at 338
Two consecutive closes above 338 will take to 343---347 and then to 355+ mark in days to come else it could test its support level of 332---328 again
Further downside panic will see only close below 328 mark
Trade with levels only
Crude Oil
Support at 2470---2430 and Resistance at 2505
Close above 2505 will see further upside rally till 2550----2580 and then to 2630 mark else it could test its support level of 2430 again
Close below 2430 will see further downside panic till 2380---2350 and then to 2280 mark
Traders can trade with levels only
More will be update soon!!
