Today's Commodity Market Recommendations

Gold prices are likely to head lower to the tune of the level 28200 – 28150. One can sell gold commodity on rise around 28500  -28470 with a stop loss above 28630.oscillators are  in turning down. Expected levels for gold for today are resistance level -28760/28870 and support level-28420/28270.

Silver prices are expected to trade lower and test 54400. Oscillators are in over sold zone hence aggressive selling not advised in silver.Today's expected levels for silver should be resistance level -55300/55780 and support level 54200/53500.

Copper prices have failed to cross 440 on higher end indicating lack of buying interest, one can witness selling pressure in copper commodity to the tune of  430. Oscillators indicating flat to down move. We can find expected levels are resistance level -439/442 and support level 434/431.

Crude prices as expected test the resistance zone at 5225 – 5235 on higher end and witnessed selling pressure in today's commodity market. We expect selling pressure in crude to continue, one can sell crude on rise till 5185 -5195. Levels should be resistance level -5235/5275 and support 5125/5056.

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Commodity Levels For Today's Market

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Free Gold, silver, Copper and Crude commodity updates for today's Market

Gold prices are  facing some resistance at these levels so we can expect some correction at this point in time so try to buy on lower levels around 28950-29000 levels with stop below 28700.
Expected resistance levels for gold commodity are 29290/29425 and support levels for gold should be 29090/29000

Silver commodity prices are really not moving out of the range we should wait for the right move and  currently the trend could trigger downside if it breaches the 56000 mark close below the same.
Today's expected levels for silver commodity are resistance level 56800/57200 support level 56400/56000.

In copper the only counter showing some overbought scenario so we can see some correction in the counter so try to sell on rise till 448-49 for the target of 442-40.  Over all the counter showing  positive momentum in copper commodity, but wait for some correction to go long. Today's expected levels for copper should be 447/451 (resistance level) and 442/439 (support level).

In the crude commodity market same view maintained ,crude prices have given a breakout and likely to hit the next levels of 5700 and we should buy crude on dips bet 5530-40 for the target of 5700-5730. We can go for the following levels for crude commodity, resistance level 5635/5710 and support level 5570/5535.

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