Monday, October 8, 2012

Live commodity Prices to trade

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Commodity Prices
Gold commodity prices are expected to trade positive and are likely to witness 31450 – 31500, one can buy gold commodity on dips around 31280. Oscillators suggest prices are expected to trade higher.
Silver commodity prices are expected to trade higher for the day one can maintain a stop loss below 61000 and enter long.
Copper commodity prices are likely to test 437 -439 on higher end. One can buy on dips around 434 with a stop loss below 429.
Nickel commodity prices are holding 950 support on closing basis one can expect 975 on higher end. One can maintain a stop loss below 948 for intraday.
Lead commodity prices are expected to test 119.80 – 120 on higher end one can long around 118.30 with a stop loss below 117.
Crude commodity price are expected to trade with a range from 4650 to 4800. For intraday one can trade within the range with a positive bias.

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