Gold
Support at 31230 and Resistance at 31380---31550
Break and sustain above 31380 will take to 31480---31550. Further upside rally will see only close above 31550 mark else it could test its support levels only 31230
Close below 31230 will take to 31150---31080 and then to 30900 mark
Trade with levels only
Silver
Support at 46900 and Resistance at 47600---48000
Close below 46900 will take to 46300---45800 and then to 45000 else it could test its resistance level of 47600---48000
Further upside rally will see only weekly close above 48000
Trade with levels only
Copper
Support at 311 and Resistance at 315
Close below 311 will take to 307---306. Further downside panic will see only close below 306 else it could test its resistance level of 315 again
Further upside rally will see only close above 315 mark. Close above 315 will take to 319---322 and then to 327 mark.
Trade with levels only
Trade with levels only
Nickel
Support at 675 and Resistance at 700
Close below 675 will take to 660---650. Further downside panic will see only weekly close below 650 mark else it could test its resistance level of 700
Three consecutive closes + weekly close above 700 will see sharp upside rally in it
Trade with levels only
Crude oil
Above 3020... our target was 3050---3080 and then to 3130. Just made a high of 3092
Now what to expect???
Support at 3020 and Resistance at 3100
Close above 3100 will take to 3130---3180 and then to 3230 mark
Fresh selling can initiate only close below 3020 mark
Trade with levels only
Natural Gas
Support at 176 and Resistance at 183
Close above 183 will take to 188---193+ mark in days to come else it could test its support level of 176 again
Fresh selling can initiate only close below 176
Trade with levels only
