Gold
Yesterday bounced back from lower levels and just made a high of 29024
Now what to expect???
Three consecutive closes + weekly close above 28900 will take to 29450---29600+ mark in days to come
Any sharp panic will be buying opportunity in Gold. Stop loss below 28560 on closing basis
Silver
Support at 35900 and Resistance at 36400
Close above 36400 will take to 36800---37000 and then to 37400+ mark in days to come else it could test its support level of 35900 again
Two consecutive closes below 35900 will see more downside move till 35300---34800 mark
Traders can trade safely with levels only
Copper
Told to sell below 315 with stop loss of 318. Just made a low of 309.15
Now what to expect???
Close below 309.00 will see further downside panic till 306 and then to 302---296 mark in days to come
Hurdle at 313
Crude Oil
Support at 2480 and Resistance at 2560
Close below 2480 will take to 2420---2350 mark. More and more panic will see only weekly close below 2350 mark else it could test its resistance level of 2560 again
Break and sustain above 2560 will take to 2590---2640+ mark in days to come
Trade with levels only
To know more about Lead, Zinc and Aluminium... read our yesterday's news letter
All is same... Not change. Any reversal seems will update
More will be update soon during market hours only on our Android App!!
