#Commodity Update!! #Gold is in sideway trend. It has strong support is at 26450 and resistance is at 26850. If it sustains above 26580 then it may come up till 26680 or else it may come down near support. #Silver is in sideway trend. It has strong support is at 36700 and resistance is at 37800. One can wait for range to break and trade accordingly. #Crude is in down trend. It has support at 4100 and resistance is at 4155. Its expected to trade in near lower levels. One can avoid long until it breaks 4250. #Copper is in up trend. It has support is at 400 and resistance is at 407. One can buy near 402 keeping 399 stoploss and 407 as a target. #Nickel is in up trend. It has strong support is at 1035 and resistance is at 1066. If it sustains above 1066 than One can take positional long keeping 1035 stoploss and 1100 target.
Posted on: Fri, 05 Dec 2014 06:29:17 +0000
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