Gold
Yesterday... Unable to breach its support level of 31500 and bounced back sharply to 31870 mark
Now what to expect???
Break and sustain below 31680 will take to 31560----31500 mark. Further downside panic will see only close below 31500 mark else it could test its resistance level of 31900---32050 again
Further upside rally will see only close above 32050 mark
Trade with levels only
Silver
Too unable to breach its support level of 46900 and bounced back to 47900
Now what to expect???
Support at 46900 and Resistance at 48000---48700
Close below 46900 will take to 46300---45800 and then to 45400 mark. More and more panic will see only close below 45400 mark 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
Crude oil
Hurdle at 2850 and Support at 2680---2620
Fresh buying can initiate only close above 2850 mark else it could test its support level of 2680---2620 again
Further downside panic will see only close below 2600 mark
Trade with levels only
Copper
Support at 318 and Resistance at 324
Close below 318 will take to 313---310 and then to 306 mark. Further downside panic will see only close below 306 mark else it could test its resistance level of 324 mark
Further upside rally will see only close above 324
Trade with levels only
Rest all same... To know more. Scroll down