Tuesday, August 5, 2014

COMMODITY MARKET

Gold   (OCT.)  :          Resistance 28400-28500 and support 28000. Higher level to sell side.

Siliver (Sep.)   :        Resistance 45000 and support 44000 watch out.

Crude(Aug.)  :            Below 5950 selling will intensified.  Resistance 6075-6080 reversal to sell side.

Natural Gas(Aug.) :       Resistance 240  - unable to cross again selling pressure.

Copper(Aug.)              Buy on decline strategy…….  Trading above 240 it will move strength.

Nickel(AUG.)              Strong resistance 1160-1170  - reversal to sell side.

ZINC  (AUG.)              Down side support 145    resistance 150  whereas to sell side.

ALIMIUM (AUG.)            Hold 12   up move continue.

LEAD  (AUG.)    :         Above 135    looks good. 

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