Wednesday, July 9, 2014

COMMODITY MARKET

Gold   (August)  :        Sell onrise strategy resistance 27750 and support 27350.

Siliver (Sep.)   :        Strong support  44000-44200, intra day weakness to buy side, resistance 45000.

Crude(July)  :            Resistance 6250 remain below to sell side.

Natural Gas(July) :       Sell on rise strategy, resistance 255-260.   Below 244 more down side.

Copper(Aug.)             Resistance 438-440 – unable to cross intra day weakness.

Nickel(July)              Buy on decline strategy consider support 1100-1110 for target 1190-1225 and above. 

ZINC  (July)              Trade and sustained above 135 looks good for target 140 and above.  Time to long side with tight stop loss.

ALIMIUM (July)            Above 115 bullish view.

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