Gold prices are likely to head lower to the tune of 28250 –
28180. One can sell on rise around 28500 with a stop loss above
28640.oscillators are heading down.
LEVEL R-28670/28760
S-28350/28100
Silver prices are expected to trade lower and test 53800. Oscillators are in over sold zone hence aggressive selling not advised.
LEVEL
R-54800/55300
S-54200/53800
Copper prices are expected to trade within a range from 432 to 440, one can sell around 437 -438 with a stop loss above 441. A break below 432 can witness selling to continue till 428.Oscillators indicating flat to down move.
LEVEL
R-439/442
S-432/428
Crude prices are witnessing resistance at 5225 – 5235 on higher end.And holding the support at 5125. Prices are expected to trade lower below 5125.Oscillators are in negative territory
LEVEL
R-5235/5275
S-5125/5056
LEVEL R-28670/28760
S-28350/28100
Silver prices are expected to trade lower and test 53800. Oscillators are in over sold zone hence aggressive selling not advised.
LEVEL
R-54800/55300
S-54200/53800
Copper prices are expected to trade within a range from 432 to 440, one can sell around 437 -438 with a stop loss above 441. A break below 432 can witness selling to continue till 428.Oscillators indicating flat to down move.
LEVEL
R-439/442
S-432/428
Crude prices are witnessing resistance at 5225 – 5235 on higher end.And holding the support at 5125. Prices are expected to trade lower below 5125.Oscillators are in negative territory
LEVEL
R-5235/5275
S-5125/5056
