Gold
Today we recommended buy call in Gold. Stop loss triggered in it
and now trading around 31980
Now what to expect???
Support at 31750---31600 and Resistance at 32280
Close below 32000 will take to 31750---31600 mark. Further
downside panic will see only weekly close below 31600 mark else it could test
its resistance level of 32280 mark again
Trade with levels only
Silver
Support at 46750 and Resistance at 48400---49000
It looks weak and could test it support level of 46750. Three
consecutive closes + weekly close below 46750 will confirm double top pattern
on four hourly chart pattern and we will see sharp downside panic till
45300---44800 mark in days to come else it could test its resistance level of
48400---49000 mark again
Upper side now seems limited in Silver but we will expect high
volatility in it. So traders can trade safely with levels only and wait for
confirmation
Copper
Support at 321 and Resistance at 325---328
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
Crude oil
Support at 3160---3100 and Resistance at 3250
Close above 3250 will take to 3325---3380 and then to 3450 mark
else it could test its support level of 3160---3100 again
Further downside panic will see only close below 3100 mark
Trade with levels only
