Gold
Told to buy Gold around 28600 with stop loss below 28380. Flared and made a high of 28877
Now what to expect???
Support at 28500---28200 and Resistance at 28900
Break and close above 28900 will take to 29050 and then to 29450---29600+ mark in days to come
Fresh and positional sell only below 28200 on closing basis
Silver
Above 36100... we will see rally till 36400---36700---37000. Further upside rally seen only close above 37000 mark else it could test its support level of 35800 again
Three consecutive closes + weekly close below 35800 will see free fall in Silver till 35300---34800 and then to 34000 mark in days to come
On Comex division... Above $15.20 we will see rally till $15.50---$15.80---$16.20
Fresh selling can initiate only weekly close below $14.60
Trade with levels only
Copper
Yesterday we recommended selling in Copper below 317. It made a low of 313.70 and now trading around 316
Now what to expect???
Support at 313 and Resistance at 319
Close below 313 will see further downside panic till 309---306 mark else it could test its resistance level of 319 again
Further upside rally will see only close above 319 mark
Trade with levels only
Crude oil
Below 2500... our target was 2430---2380. It made a low of 2355 and now trading around 2380
Now what to expect???
Close below 2350 will see further downside panic till 2280---2230 mark in days to come else it could test its resistance level of 2400 and then to 2440---2470+ mark again
Trade with levels only
More will update soon!!
