Tuesday, March 29, 2016

UPDATION ON CRUDE OIL

   
The above chart shows crude oil 5 hours chart from this chart, it is trading below its bullish trend line and it doesn't break it resistance level 2790-2830 and again taken bearish trend now it it is clearly indicated to sell @2620 level for the targets 2400,2274 and 1850 levels 
See Fibonacci Fan indicator it is trading below 50% of its bullish trend  it is also clearly indicated for strong selling 

Tuesday, March 22, 2016

UPDATION ON GOLD, COPPER , CRUDE OIL

                                                                    GOLD 
                      
  Gold has Support between 29150---28900 and Resistance at 29400

so,we can buy Gold around 29150---29100 with stop loss below 28900 for the initial target of 29400

Fresh sell only close below 28900 only

COPPER

Copper has a support between  335----332 level and it has a resistance between 340----344 
so, we can buy around 335 level with a stop loss of 332 
for the target of 343 level
Fresh sell only close below 332 level only

CRUDE OIL

Crude oil has support between 2700--2729 and resistance between 2790-2820 if it close below 2750 it could test it support level 2700 again 
so, we sell crude oil around 2790 level with a stop loss placed above 2830 for the targets 2700
we can enter fresh buy weekly close above 2830 level 

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