Gold
Today we recommended selling in Gold around 31000. Just made a low of 30855
Now what to expect???
Still looks weak and could test 30680---30620. Two consecutive closes below 30600 will see more downside panic till 30200---29800 mark in days to come
Hurdle intact at 31150
Silver
Too recommended selling around 46800 with stop loss above 47200. Just made a low of 46515
Now what to expect???
Support at 46400. Close below 46400 will see further downside panic till 46000---45800. More and more downside panic will see only close below 45800 mark else it could test its resistance level of 47000---47200 again
Further upside rally will see only close above 47200 mark
Trade with levels only
Crude Oil
Support at 3060 and Resistance at 3100
Close below 3060 will take to 3025---2990. Further downside panic will see only close below 2990 mark else it could its resistance level of 3100 again
Close above 3100 will see further upside rally till 3130---3160 mark
Trade with levels only
Copper
Support at 330 and Resistance at 338
Either side break or close with volume will decide further. Till then traders can trade in a range with strict stop loss and wait for confirmation
Anything seems will update via App
Nickel
Support at 690---676 and Resistance at 716
Either side break or close with volume will decide further. Till then trade with levels only
Lead
Told to sell below 124.00. Just made a low of 123.00
Close below 122.50 will see more downside panic till 121---120 mark.
Hurdle at 125.50
Zinc
Support at 148.50 and Resistance at 151
Close above 151 will take to 153---154.50 mark else it could test its support level of 148.50 again
Close below 148.50 will take to 145---144 and then to 141 mark in days to come
Don't Jump at current levels to buy as correction due in it. Anything seems will update
More will update soon!!
