Commodity Market Review:
From past few days gold is trading in range of 29150 to 29410. This range may continue for few more days till market didn’t find any positive or negative newsGOLD LEVELS
Resistance:-29370/29440
Support:-29170/29058
Silver prices are likely to hold 52200 on closing basis, we can expect a bounce till 53270. Same as gold silver will remain in range. Trend may be only confirm after the prices move above 54100 or below 52200.
SILVER LEVELS
Resistance:- 53325/53780
Support:-52500/52190
Crude prices are likely to trade positive as on daily basis it hits 45 days high. And closes well above 4900. If price move higher it may go above 4970 & 5170. In near term 4978 will be major resistance.
CRUDE LEVELS
Resistance:- 4978/5020
Support:-4825/4717
Copper after trying hard was able to sustain at higher side. Now if copper move below 421 level it may move further downside to 417.
COPPER LEVELS
Resistance :- 424.40/427.20
Supoort:-421/417
