Gold
Support at 28220 and Resistance at 28560
Looks positive and could test its resistance level of 28560. Close above 28560 will see further upside rally till 28900---29050+ mark in days to come else it could test its support level of 28220 again
Close below 28220 will see further downside panic till 28050---27900. Three consecutive closes + weekly close below 27900 will see free fall in days to come
But here... Chances are bright for sharp upside move from lower levels. Dead cat bounce could be ruled out from lower levels.
But trade with levels only
Silver
Support at 36450 and Resistance at 37000
Close below 36450 will take to 36000---35700. More and more downside panic will see only weekly close below 35700 mark else it could test its resistance level of 37000 again
Close above 37000 will see further upside rally till 37450---37700 mark
Traders can trade with levels only
Copper
Support at 328 and Resistance at 334---337
Close below 328 will take to 321---318 mark else it could test its resistance level of 334---337 again
340---344 act as major hurdle in Copper
Traders can trade safely with levels only and wait for confirmation. Anything seems will update via SMS
Crude oil
Support at 2640 and Resistance at 2700
Close below 2640 will take to 2580---2550 mark. More and more downside panic will see only below 2550 mark else it could test its resistance level of 2700 and then to 2760---2800 again
Trade with levels only
More will update soon...
