Wednesday, April 13, 2016

UPDATE ON GOLD,COPPER AND CRUDE OIL

                                                       GOLD

See yesterday's recommendations in gold given to sell at 29410-20 for the targets 29300/29180 both targets achieved in gold and made a new low of 29058 

Now what we expect??....
                  Now sustain below 29060 will take upto 28920 level other wise it will test it's resistance level 29240.if today market is close below 28920 we will see more downside movement in gold.upside movement is only close above 29300 level

                                             Anyway trade with levels only
  
                                                   COPPER

           
Yesterday all metals are taken reverse movement from their lowest levels. copper has crucial support at 310-13 and resistance at 319 level close above 319 will take up to 324 and then 328 levels otherwise it will tests it support level 313 again downside movement is only close below 313 level

                                          CRUDE OIL

Crude oil has support at 2740 and resistance at 2805   break and sustain below 2740 will take up to 2690--2660 level and 2630 levels  upside movement is only close above 2805 will take 2845 and then 2870 levels or else we can see downside movement in coming days
                                        Any way trade with levels only

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