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Tuesday, March 7, 2017

Updates on Bullion, Base Metals and Energy Levels 06th March 2017




Gold 


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Support at 28900 and Resistance 29080

Close below 28900 will see take to 28700—28550 mark else could test its resistance levels of 29080 again.

Fresh buying can be initiated only close above 29080 mark

Trade with levels only.




Silver 

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Support at 42300 and then 42800

Looks weak below 42300 and could test 42000---41800 and then to 41150 else could touch its resistance level of 42800 mark again.

Looks positive above 42800 only.



Crude Oil


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Support at 3520 and Resistance at 3570.

Close below 3520 will take it to 3480---3430 mark else it could touch its resistance levels of 3570 again.

Further upside rally will see on close above 3570

Trade with levels only.



Copper


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Below 392 panic remain continue till 389---386 and then to 380.

Hurdle intact at 396



Trade with levels only













More will update soon!!