Thursday, June 5, 2014

COMMODITY MARKET

Gold   (August) Resistance   26000-26100 range and reversal to sell side, support 25800 watch out.

Siliver (July) Resistance 40000-40200 and support are 39500 watch out.

Crude(JUNE) Consider resistance 6200-6210 and support 6090-6050

Natural Gas(JUNE) : Resistance  278-280 range…. Reversal to sell side.

Copper(JUNE):Consider support 405  below some weakness towards 400, resistance 410-412. (short term trend are down)

Nickel(JUNE)   -    Buy on decline at 1120 stop loss 1100 on closing basis target 1150-1170.

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