Gold
Support at 30400 and Resistance at 30700
Close below 30400 will take to 30100---29850 mark. More and more downside panic will see only below 29850 mark else it could test its resistance level of 30700 again
Further upside rally will see only close above 30700 mark
Trade with levels only
Silver
Support at 40800 and Resistance at 42000
Looks weak and could test its support level of 40800. Weekly close below 40800 will see more downside panic till 40500---40200 and then to 39800 else it could test its resistance level of 42000 again
Further upside rally will see only close above 42000 mark
Trade with levels only
Copper
Support at 305---302.50 and Resistance at 312---318
Either side break or close with volume will decide further. Till then traders can trade in a range with levels only and wait for confirmation
Anything seems will update via App
Nickel
As expected... Flared and made a high of 621.90. We are holding long from 610 mark
Still looks positive and could test 625---640. Three consecutive closes + weekly close above 640 will see sharp upside rally in it
Support at 590
Crude Oil
Told to buy around 3265---3255. Just made a high of 3295
Now what to expect???
Above 3310... we will see further upside rally till 3340---3380 and then to 3450+ mark in days to come else it could test its support level of 3220---3180 again
Further downside panic will see only close below 3180 mark
Trade with levels only
More will update soon!!
