Friday, January 15, 2016

3mteam Today MCX Market :-Gold prices are consolidalting at continue, we may consider resistance 25850-25900 range and support at 25500

3mteam Today MCX Market :-Gold prices are consolidalting at continue, we may consider resistance 25850-25900 range and support at 25500
3mteam Today MCX Market :-Gold prices are consolidalting at continue, we may consider resistance 25850-25900 range and support at 25500 
GOLD      Gold prices are consolidalting at continue, we may consider resistance 25850-25900 range and support at 25500 watch out, sharp panic to buy side.
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Gold  -     Close eye support range 1075-1080 range
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SILVER    Higher level some selling pressure but we near to major support zone 33000-33200, till hold this level buy ondip strategy.
On a Global front, Silver trading below $14 , and remain below prices likely test 13.40 and 13 in coming days, Higher level significant resistance observed at 14.50 and 14.80. Real move only above once closed above 15.10 mark.
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CRUDE  Pull back from lower level, consider resistance 2200 and support 2093 today trade.
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NATURAL      GAS As we are bearish from the level of 159 and yesterday being a inventory  day and made a low of 145 of our target.  Over all trend is down, consider resistance at 155-160, last and final support 140, thereafter it will test again 2015 low which is placed at 114.   Time to avoid any trade.
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COPPER   Corrective rally  due to short covering. Today support 295-291, resistance 300-305 watch out.  Holding yesterday low 291, please do not open short.
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NICKEL   From the level of 540 to 580 sharp recovery. Trend reversal as mentioned 568 above and closed 580 mark  
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ALUMINIUM Reversal from the level of 97.50, As remain below 102-104 no respite in this counter.
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ZINC Resistance 102…………wide range 93 to 108 watch out 
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LEAD    Pull back from the level of 108.. as long as hold short term up side.
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