Friday, May 18, 2012

Bullion, Base Metal and Energy Tips Today

 Bullion and energy recommendations:

Gold trading range for the day is 27764-28980. Intraday gold is holding support at 27764 and resistance at 28980.

Silver trading range for the day is 51163-54593. Silver intraday support seen at 51163 and resistance at 54593.

Crude trading range for the day is 4956-5144.  Crude is holding with a support at 4956 and resistance will be likely at 5144.

Base Metals Trading Tips for Today

Buy Copper at 421.80-422 stop loss 419 Target 425-427
Buy Nickel above 933-34 Stop Loss below 929 Target 939-942

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