Thursday, June 14, 2012

Commodity Calls : Gold, Silver, Copper, crude

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Gold Commodity Calls


Gold prices are expected to test 30150 on higher end. However, one should remain cautious  unless closes above 30180  in long position at these levels.oscillators are suggesting a positive move ahead.
Today's Gold commodity levels are

Resistance Gold Level-30180/30450
Support Gold Level-29910/29810

Silver Commodity Calls


Silver prices are expected to trade positive to the tune of 55900, prices can further move up till 56700 one can hold buying position with a stop loss below 54100.
Silver commodity Levels for today are as below:

Resistance level for Silver-55370/56200
Support level for Silver-54700/54100

Copper Commodity Calls


Copper prices are expected to witness a range bound move as from 414 to 406, one can look for buying opportunity around 409 with a stop loss below 405. Fresh buying could witness above 415.
Copper Commodity levels for today are as follows:

Resistance Levels for Copper today-417/421
Support Levels For Copper Today-407/397

Crude Commodity Calls for Today


Crude prices are witnessing a range bound move. one can buy around 4620 with a stop loss of 4580 targeting  4685  – 4700. Oscillators suggesting a flat to positive move ahead.
Today's Crude commodity Levels for today are as below:

Resistance Levels for crude today-4670/4715
Support level for Crude today-4610/4520




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