Daily Commodity Trends

Ritika Sharma

Well-known member
GOLD

Gold was little changed at $1,553.56 an ounce by 0033 GMT, still heading for a second week of decline.

SILVER ‘

Among other precious metals, silver tumbled to its lowest level since July 24 at $26.62 an ounce. It was last down 0.1 percent at $26.89.

COPPER

London copper was steady on Friday, not far from 8-month lows hit the prior session, buttressed by the Bank of Japan's unprecedented stimulus and biding time ahead of a headline U.S. jobs report with top consumer China out on holiday.
:clap:
 

Ritika Sharma

Well-known member
Gm good morning
bullion market update:-
gold trend: Consolidte
strategy:- sell on high
s1- 26100, s2- 25900
r1- 26500, r2- 26700

gm good morning
bullion market update:-
zinc trend: Consolidate
strategy:- sell on high
s1-98, s2- 97
r1- 101, r2- 103

gm good morning
bullion market update:-
natural gas trend: Consolidate
strategy:- buy on dips
s1-228, s2- 225
r1- 240, r2- 245
 

kittycriston

Junior member
1. Gold is in sideways trend. Gold support is at 26200 and 25900; Resistance is at 26500 and 26850. Gold prices are expected to trade within the range from 26600 to 25900.

2. Silver is in sideways trend. Silver support is at 43000 and 42600. Resistance is at 43900 and 44300. Silver prices are expected to trade within 44300 to 42700.

3. Copper is in sideways trend. Copper support is at 372 & 368. Resistance is at 378 & 381. Copper prices are expected to trade within the range from 378 to 368.
 

Ritika Sharma

Well-known member
Gm good morning bullion market update

gold trend: Consolidte
strategy:- sell on high
s1- 26800 s2- 26600
r1- 27200 r2- 27500

silver trend: Consolidate
strategy ell on high
s1-44500 s2- 44000
r1- 45500 r2- 46500

copper trend: Consolidate
strategy:- buy on dips
s1-390 s2- 385
r1-400 r2- 408


crude trend: Consolidate

strategyuy on dips
s1-5100 s2- 5020
r1- 5300 r2- 5350

natural gas trend: Consolidate

strategy:- sell on high
s1-212 s2- 208
r1- 225 r2- 230

lead trend: Consolidate

strategy:- sell on high
s1-109 s2- 107
r1- 112 r2- 114
 
GM GOOD MORNING BULLION MARKET UPDATE
GOLD TREND: CONSOLIDATE
STRATEGY:- BUY ON DIPS
S1- 29500, S2- 29350
R1- 29800, R2- 30000

SILVER TREND: CONSOLIDATE
STRATEGYUY ON DIPS
S1- 52800, S2- 51500
R1- 54000, R2- 55000

COPPER TREND: CONSOLIDATE
STRATEGY:- BUY ON DIPS
S1- 420, S2-415
R1- 430, R2- 435

CRUDE TREND: CONSOLIDATE
STRATEGY:- BUY ON DIPS
S1- 4700, S2- 4600
R1- 4900, R2- 5000
(y)

HI,
could u plz tell me hw to identify commodities(copper,crudeoil,zinc and lead) trend !
and wt r da impact factors which alters the commodities
 

KristofStockHunter

Junior member
Can the GOLD price go higher the coming days? $GLD


A few weeks ago we saw a significant decline in gold. Now the daily chart is starting to look good for another leg higher. The price is still above the 20 moving average this will support the $GLD, and we can see some further upside in the commodity.

I am looking for a small pullback into the $GLD today to pick up a long position. The bullish pattern will fail once we have a close below the 20 moving average.

Where will I take some profits on the stock? I will take some profits at $143.95 this a gap fill from a few weeks ago, and the 2nd level will be the 50 moving average.

Chart:
http://2.bp.blogspot.com/-XTUqbX4a6...AOg/QLeNv2yU2jc/s1600/Chart20130510135706.png

Kristof De block
 

Ritika Sharma

Well-known member
Gm good morning bullion market update:- gold trend: Consolidate
strategy:- sell on high
s1- 26200 s2- 26000
r1- 26600 r2- 26900

silver trend: Consolidate
strategy ell on high
s1-43000 s2- 42500
r1- 44000 r2- 44500

copper trend: Consolidate
strategy:- buy on dips
s1-405 s2- 402
r1-412 r2- 416

crude trend: Consolidate
strategyell on high
s1-5180 s2- 5100
r1- 5300 r2- 5350

natural gas trend: Consolidate strategy:- buy on dips
s1-234 s2- 230
r1-242 r2- 245

lead trend: Consolidate
strategy:- sell on high
s1-113 s2- 111
r1- 116 r2- 118
 

Ritika Sharma

Well-known member
Gm good morning bullion market update:-
gold trend: Sideways
strategy:- sell on high
s1- 27700 s2- 27500
r1- 28200 r2- 28500
silver trend: Sideways
strategy ell on high
s1-43000 s2- 42500
r1- 45000 r2- 45500
copper trendideways
strategy:- buy on dips
s1-408 s2- 404
r1-415 r2- 420
crude trend: Sideways
strategyell on high
s1-5500 s2- 5450
r1- 5600 r2- 5650
natural gas trend: Sideways
strategy:- sell on high
s1-220 s2- 215
r1-225 r2- 229
lead trend: Consolidate
strategyell on high
s1-120 s2- 118
r1- 125.5 r2- 127.
 

Ritika Sharma

Well-known member
Gm good morning bullion market update:-
gold trend: Extremely bearish
strategy:- sell on high
s1- 26200 s2- 26000
r1- 26800 r2- 27000
silver trend: Extremely bearish
strategy ell on high
s1-38000 s2- 36000
r1- 40500 r2- 41000
copper trend:-bearish
strategy:- sell on high
s1-395 s2- 390
r1-404 r2- 408
crude trend: Bearish
strategy:-sell on high
s1-5650 s2- 5600
r1- 5700 r2- 5750
natural gas trend: Sideways
strategy:- sell on high
s1-215 s2- 212
r1-225 r2- 230
nickel trend: Consolidate
strategy:-sell on high
s1-815 s2- 805
r1- 830 r2- 840
lead trend: Consolidate
strategy:- sell on high
s1-118 s2- 116
r1- 122.5 r2- 124
 

Ritika Sharma

Well-known member
Gm good morning bullion market update:-
gold trendideways
strategy:- sell on high
s1- 26000 s2- 25600
r1- 26500 r2- 26700

silver trend:-sideways
strategy:-sell on high
s1-40500 s2- 39500
r1- 42000 r2- 43000
copper trend:-sideways
strategy:- buy on dips
s1-420 s2- 415
r1-428 r2- 432
crude trend: Sideways
strategy:-sell on high
s1-6000 s2- 5900
r1- 6200 r2- 6300
nickel trend: Consolidate
strategy:-buy on dips
s1-830 s2- 825
r1- 850 r2- 860
9993434400
lead trend: Consolidate
strategy:-sell on high
s1-122 s2- 120
r1- 125 r2- 127
 

Ritika Sharma

Well-known member
Gm good morning bullion market update:-
gold trendideways
strategy:- buy on dips
s1- 33500 s2- 33000
r1- 34000 r2- 34300
silver trend:- bullish
strategy:- buy on dips
s1-56000 s2- 55000
r1- 58500 r2- 60000
copper trend:- sideways
strategy:- buy on dips
s1-490 s2- 480
r1-505 r2- 510
nickel trend:- sideways
strategyuy on dips
s1-950 s2- 940
r1-980 r2-1000
crude trend:- sideways
strategyuy on dips
s1-7200 s2- 7100
r1-7500 r2-7600
natural gas trend:- sideways
strategy:- buy on dips
s1-225 s2- 220
r1-235 r2- 240
 

Ritika Sharma

Well-known member
GOLD
Gold was steady at $1,332.34 an ounce by 2356 GMT. It rallied to $1,344.46 on Tuesday, its highest since Sept. 20, after weak U.S. jobs data cemented expectations the Fed will keep its stimulus measures in place until 2014.
SILVER
Among other precious metals, silver was down 0.4 percent at $22.54 an ounce, having also touched a one-month high on Tuesday at $22.80.
COPPER
London copper steadied near one-week lows touched the session before on Thursday, hurt by worries of a cash crunch in top metals consumer China that could curb near term metals demand.
 

Ritika Sharma

Well-known member
COPPER
London copper slid to a three-month low on Tuesday after U.S. Federal Reserve officials flagged a brightening outlook for the world's top economy, fuelling expectations it may soon curb its commodity-friendly stimulus.
SILVER
Among other precious metals, silver was down 1.9 percent at $20.37 an ounce
GOLD
Gold struggled on Tuesday to shake sharp losses from the previous session, hurt by stronger equities and fresh uncertainty over the outlook for U.S. stimulus.
 

Ritika Sharma

Well-known member
GOLD
Gold edged lower on Thursday following a short-covering rally in the previous session, weighed down by concerns the U.S. Federal Reserve could soon begin tapering its monetary stimulus on strong economic data.
SILVER
Among other precious metals, silver outperformed gold's gain, rising 3.6 percent to $19.80 an ounce.
COPPER
London copper slipped on Thursday from a nine-day high hit in the previous session, as a short-covering rally triggered by surprisingly robust U.S. jobs data ran out of steam.
 

Ritika Sharma

Well-known member
COPPER
London copper futures kicked off the new year on a positive note on Thursday, rising around half a percent on expectations that economic recovery in top consumer China will drive demand.
GOLD
Gold steadied on Thursday but held near a six-month low touched in the previous session after prospects for a global economic recovery prompted investors to abandon the safe-haven metal.'
SILVER
Silver tracked gold higher and rallied more than 4 percent.
 

Ritika Sharma

Well-known member
:clap:GOLD
Gold was little changed in early Asian trading on Monday, after posting its first loss in six weeks, as the strength in the U.S. dollar and the absence of key buyer China weighed on prices
COPPER
London copper drifted on Monday towards two month lows hit the previous session, with slowing official factory growth in China compounding a deteriorating demand outlook for the metal.
 

Ritika Sharma

Well-known member
Gm bullion market update:-
silver trend :- sideways
strategy :- sell on high
s1-46800 s2-46500
r1-47800 r2-48400

crude trend :- sideways
strategy:- sell on high
s1-6050 s2-6000
r1-6150 r2-6200


natural gas trend :- sideways
strategy :- sell on high
s1-280 s2- 275
r1-288 r2- 292


copper trend :- sideways
strategy :- sell on high
s1-434 s2- 430
r1-440 r2- 444


nickel trend :- sideways
strategy :- buy on dips
s1-944 s2- 938
r1-950 r2- 955

lead trend :- sideways
strategy :- sell on high
s1-128.5 s2- 126
r1-131 r2- 132

aluminium trend :- sideways
strategy :- sell on high
s1-106.50 s2- 105
r1-109 r2- 110
zinc trend :- sideways
strategy :-sell on high
s1-127.5 s2- 126
r1-130 r2- 131.5
 
 
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