GOLD
Gold prices are holding the upward sloping trendline support at 28200, any
sustained move below 28200 can witness a sell off to the tune of 27900 -27800.
LEVEL
R-28270/28470
S-28150/28050
SILVER
Silver prices are holding 53400 – 53500 support for couple of days, we expect a sell below 53400 for the down move till 52800 – 52700.oscillator also are in oversold zone hence aggressive selling not advised.
LEVEL
R-53850/54200
S-53400/52900
COPPER
Copper prices are expected to test 422 -421 zone on lower end. Prices are expected to hold the support zone, one can enter long with a small stop loss below 418..
LEVEL
R-429/434
S-426/421
CRUDE
Crude prices are witnessing selling pressure and should continue till 5000 -4950 on lower end. Prices are expected to trade lower as long as trade below 5150. Oscillators are in negative territory.
LEVEL
R-5150/5170
S-5050/4970
Gold prices are holding the upward sloping trendline support at 28200, any
sustained move below 28200 can witness a sell off to the tune of 27900 -27800.
LEVEL
R-28270/28470
S-28150/28050
SILVER
Silver prices are holding 53400 – 53500 support for couple of days, we expect a sell below 53400 for the down move till 52800 – 52700.oscillator also are in oversold zone hence aggressive selling not advised.
LEVEL
R-53850/54200
S-53400/52900
COPPER
Copper prices are expected to test 422 -421 zone on lower end. Prices are expected to hold the support zone, one can enter long with a small stop loss below 418..
LEVEL
R-429/434
S-426/421
CRUDE
Crude prices are witnessing selling pressure and should continue till 5000 -4950 on lower end. Prices are expected to trade lower as long as trade below 5150. Oscillators are in negative territory.
LEVEL
R-5150/5170
S-5050/4970
