Tuesday, August 7, 2012

Commodities Levels: Gold, Silver, Copper,Crude

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Gold prices  are holding 29850 support level, one can long with a stop loss below 29800 for the target at 30050.
GOLD LEVELS
R:-29970/30120
S:-29850/29780
Silver prices expected to witness a range bound move from  52800 to 53800, one can trade within the range with a positive bias.
SILVER LEVELS
R:- 53500/53970
S:-53150/52700
Crude prices are expected to trade higher to the tune of 5125. One can long around 5060 - 5050with a stop loss below 5025.
CRUDE LEVELS
R:- 5150/5207
S:-5025/4970
Copper prices are likely to trade within the range from 411 to 418, one can expect prices to test 417-418 on higher end.

COPPER LEVELS
R:- 417/421
S:-411/407


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