Friday, August 2, 2013

Commodity Market

Commodity Market

Gold   (August)      -   All target achieved and time to book profit.  Oct. gold sell on rise….resistance 28200-28300 and support 27500

Silver  (Sept.)     -   Buy on decline strategy- support   40500-40000 and resistance 42000-42500.

Copper(August)   -   Now trend change.. above 425 no short and sharp rise towards 440-450.  Upside break out.

Crude(August)     -     Resistance  6600 and support 6400. Buy on decline

Natural Gas(August)      Resistance 215 below 210 sell side.

Lead  (July)     -       Trend change above 123 target 127-130

ZINC (July)      -     Resistance 113 and support 108.

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