Gold
Support at 30900 and Resistance at 31100
Close below 30900 will take to 30600---30450 mark. More and more
downside panic will see only close below 30450 else it could test its
resistance level of 31100 again
Further upside rally will see only close above 31100 mark
Trade with levels only
Silver
Told to sell below 47000. Just made a low of 46563 and now
trading around 46630
Now what to expect???
Close below 47000 will take to 45800--45300 and then to 44500
mark in days to come. More and more downside panic will see only close below 44500
else it could test its resistance level of 47400---47700 again.
Further upside rally will see only close above 47700 mark
Trade with levels only
Copper
Support at 328 and Resistance at 333
Close below 328 will take to 323---319 mark else it could test
its resistance level of 333 again
Close above 333 will take to 337---340 mark
Traders can trade in a range with strict stop loss as trend
looks choppy and has no clear direction.
Anything seems will update
Nickel
Support at 676 and Resistance at 704
Close above 704 will take to 716---723 and then to 740+ mark in
days to come else it could test its support level of 676 again
Close below 676 will see further downside panic will 663---658
and then to 640 mark
Trade with levels only
Crude oil
Trading in a very wide range of 2990---3160. 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
