Commodities Levels: Commodity Market Trend

Gold prices are  looking positive, one can buy mcx gold commodity on dips around 30050 we expected to trade higher to the tune of 30250 – 30300.
GOLD LEVELS
Resistance Level:-29930/30170
Support Level:-29710/29550

Silver prices have closed  at  higher end indicating  strength; one can expect buying interest in the counter. Prices are expected to test 55000 within 2-3 days.
SILVER LEVELS
Resistance Level:- 54100/54700
Support Level:-53700/53300

Crude prices are expected to trade within the range from 4940 to 5050 one can buy mcx crude commodity around 4950 -4940 with a stop loss below 4900.
CRUDE LEVELS
Resistance Level:- 5040/5150
Support Level:-4950/4870

Copper prices are likely to trade within the range from 415 to 425. One can buy copper commodity around 419 with a stop loss below 415.50.
COPPER LEVELS
Resistance Level:- 424/427
Support Level:-417/414

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Commodities Support and Resistance Level & Tips

Commodities Support and Resistance Level for today:

Gold settled flat due to rupee firmness but in international prices boosted by sharp rallies in equities and commodities.Gold is trading below 29681, now intraday gold is holding support at 29170 and resistance at 29370.Gold Support and Resistance Level for today's Commodity Market is as below:
R:-29370/29440
S:-29170/29058

Silver is trading below 54880, with intraday support seen at 52700 and resistance at 53325. Silver Levels for the day is :
R:- 53325/53780
S:-52700/52200

Crude intraday trading ranges within the levels 4715-4825. Today's holding support and resistnace level for crude commodity is :
R:- 4825/4910
S:-4715/4640

Copper levels for today's commodity market is as follows:
R:- 427.20/432
S:-421/417

Intraday Gold, Silver, Copper Commodity Tips

BUY GOLD @ 29170  WITH STOPLOSS OF 29140 TGT-29310
BUY  SILVER  @52270 TGT 52700 SL-52100
BUY ABOVE 4825 TGT – 4875 SL- 4795

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Commodity Calls and Levels

Commodity Levels

Gold Levels
S-29350/29200
R-29510/29710

Silver Levels
S-52200/51700
R-53100/53700

Crude Levels
S- 4710/4645
R- 4780/4825

Copper Levels
S-417/412
R-424/427

Nickel Levels
S-890/872
R-912/925

Commodity Calls

SHORT GOLD BELOW 29350 TGT-29200 WITH STOPLOSS OF 29470
SHORT SILVER  @ 53050 TGT 51400 FOR HOLDING OF 2-3 DAYS

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Commodity Weekly Levels

On eight  hours  chart  of gold is forming lower channel of trade where the upside breakout would be above 29780 and lower side trade could be for  29200 after breaking the level  of 29480. This week major event which can pull the market of bullion is missing . which could make market sluggish for trader .Any day closing above 29800 will make the tour of gold for next high
GOLD WEEKLY LEVEL
S  -  29500/29200
R-    29800/30170

Silver  after having its hangover of expiry  silver close @ 53167. In silver there is formation of triangle partten one  can seen lower side break out after closing of  51300. As dollor index is near all time high which could also negative news for the silver. On international spot market silver  open on negtive note and in MCX  silver could touch new low of the month. One can sell silver @ 53700 for the target of 51440 with stoploss of 54280
 SILVER WEEKLY LEVELS
S-52700/51400
R- 53700/54550

Crude this week traded like champion made high and low to trap the trader with there levels  of stoploss. This week again there is expected movment in counter on e can sell crude with stoploss of 4825 for the target of 4550 selling could be made @ level of 4780
CRUDE  WEEKLY LEVELS
S-4710/4630
R- 4825/4920

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