Gold prices are likely to head lower to the tune of 28450 – 28500. One can sell on rise around 28700 -28750 with a stop loss above 28850.oscillators are in turning down.
GOLD LEVEL
R-28760/28870
S-28600/28420
Silver prices are expected to trade lower and test 54400. Oscillators are in over sold zone hence aggressive selling not advised.
SILVER LEVEL
R-55270/55780
S-54800/54100
Copper prices have failed to cross 443 on higher end indicating lack of buying interest, one can witness selling pressure if sustains below 434. Oscillators indicating flat to down move.
COPPER LEVEL
R-439/442
S-434/431
Crude prices are expected to test 5225 – 5235 on higher end.Oscillators are in over sold zone and hence a bounce cannot be ruled out.
CRUDE LEVEL
R-5187/5270
S-5125/5056
GOLD LEVEL
R-28760/28870
S-28600/28420
Silver prices are expected to trade lower and test 54400. Oscillators are in over sold zone hence aggressive selling not advised.
SILVER LEVEL
R-55270/55780
S-54800/54100
Copper prices have failed to cross 443 on higher end indicating lack of buying interest, one can witness selling pressure if sustains below 434. Oscillators indicating flat to down move.
COPPER LEVEL
R-439/442
S-434/431
Crude prices are expected to test 5225 – 5235 on higher end.Oscillators are in over sold zone and hence a bounce cannot be ruled out.
CRUDE LEVEL
R-5187/5270
S-5125/5056