Gold
Told to sell Gold around 31850---31880. Just made a low of 31560
Now what to expect???
Support at 31500 and Resistance at 31800---32050
Close below 31500 will take to 31350---31200 and then to 30900 mark else it could test its resistance level of 31800---32050 mark again
Further upside rally will see only close above 32050 mark
Trade with levels only
Silver
Too recommended selling in Silver around 48100. Crashed and made a low of 46956
Now what to expect???
Support at 46900 and Resistance at 48000---48700
Close below 46900 will take to 46000---45400 mark. More and more downside panic will see only close below 45400 else it could test its resistance level of 48000---48700 again
Further upside rally will see only close above 48700 mark
Trade with levels only
Copper
Support at 321 and Resistance at 328
Looks weak and could test its support level of 321. Close below 321 will see sharp downside panic till 315---312 and then to 306 mark in days to come else it could test its resistance level of 328 again
Further upside rally will see only close above 328 mark
Trade with levels only
Nickel
Support at 700---680 and Resistance at 730
Unable to breach its resistance level of 730 and slipped again. Close below 700 will take to 690---680 mark. More and more downside panic will see only close below 680 else it could test its resistance level of 730 again
Further upside rally will see only close above 730 mark
Trade with levels only
Zinc
Support at 150.50 and Resistance at 153.50---155
Two consecutive closes + weekly close below 150.50 will take to 146---144 mark. More and more downside panic will see only close below 144 else it could test its resistance level of 153.50---155.00 again
Further upside rally will see only weekly close above 155 mark
Trade with levels only
Lead
Support at 120 and Resistance at 122
Close below 120.00 will take to 117---114 mark else it could test its resistance level of 122 again
Further upside rally will see only close above 122 mark
Trade with levels only
Crude oil
Our downside target almost achieved of 2620 and bounced back sharply. Now we will expect Crude oil to trade in a range for next few days.
Support at 2600 and Resistance at 2800---2900
Further downside panic will see only weekly close below 2600 mark else it could take U-turn again.
Traders can trade with in and out strategy... Don't jump for aggressive trade in Crude oil.
Anything seems will update via SMS
Natural Gas
Support at 180 and Resistance at 195
Two consecutive closes + weekly close above 195 will take to 210---218+ mark in days to come else it could test its support level of 180 again
Further downside panic will see only close below 180 mark
Trade with levels only
