Gold
Today
we recommended to sell gold below 29550—29580 with stop loss of 29760, it
crashed vertically and made low 29283 ,
we asked to book profit around 29280—29250.
we asked to book profit around 29280—29250.
Now
what to expect??
We
clearly indicated bearish trend in bullion's.
Gold
has support at 29250 and resistance at 29760.
If closes below 29250 we can see
panic till 29000-28800 marks in days to come, else could touch its resistance
level of 29760.
In
Comex Division
Gold crashed vertically from support level of $1245.00 and
made low of $1228.00.
Support
at $1225 and resistance at $1245.
Kindly avoid making buy position in gold any rally will create selling opportunity try to sell on rise.
Trade
with levels only.
Silver
On
our blog : we recommended to sell silver
below 39600, it made low of 39355.
(Click Here- to read)
Now
what to expect?
Silver
has support at 39350 and resistance at 39850
If close below 39350 will take it to
39000---38800 mark in days to come, else could test its resistance level of
39850.
In
Comex Division
Silver has support at $16.00 and resistance at $16.50,
Close
below $16.00 will take it to $15.70--$15.00 mark in days to come, else could
test it resistance level of $16.50.
Crude Oil
Today
we recommended to buy Crude oil around 3245-3235 with stop loss at 3180, it
rallied and made high 3319,
we asked to book full profit around 3315—3320.
Now
what to expect??
Crude
has support at 3240 and resistance at 3330.
If
closes above 3330 it can touch 3380-4000 marks in days to come else could test
it support level of 3240.
Further
rally can be seen if closes above 4000.
In
Comex Division
Crude has support at $47.50 and resistance at $49.30.
If
closes above 49.30 , it can touch $50.00--$50.80 mark in days to comes else
could test its support level of $47.50
