Monday, August 5, 2013

COMMODITY MARKET



COMMODITY MARKET

Gold   (August)                Buy on Decline strategy decent support 27500 resistance 28300-28500
Silver  (Sept)                   Buy on decline strategy- support   41000-40500 resistance 42500.
Copper(August)              Buy on decline around 420-422 range target 440.
Crude(August)                Resistance  6700 and resistance 6400   – buy on decline.
Natural Gas(Augst )        Resistance 215 below 210 sell side.
Nickel (August )             Buy  for target 880-900  Play long side.
Lead  (August)     –        Buy on decline….support 125-126
ZINC (August )      -     Resistance 114 and support are 110.

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