Wednesday, June 4, 2014

COMMODITY MARKET

Gold   (August)  :    Resistance  25900-26000  reversal to sell side, down side support 25500.  

Siliver (July)   :    Resistance 4000-40200 and support 39500. Trend are bearish.

Crude  :     Sell on rise at 6120-6130 stop loss 6150 target 6050

Natural Gas :   Buy on decline… consider support 270-265 mark.
 
 Copper  :   Buy on decline – support 408-400  resistance 420, closed above sharp move.

Nickel   - Decent  support 1100 and resistance 1170 watch out.

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