Daily Commodity Trends

Ritika Sharma

Well-known member
403 0
GOLD

Gold traded little changed on Friday and was headed for a second straight week of declines, with a stronger dollar weighing on sentiment.

COPPER

London copper was steady on Friday and was set to close the week flat, while Shanghai copper fell to its lowest in two months as disappointing Chinese factory data and worries over U.S. spending cuts dragged on prices.
SILVER
Among other precious metals, silver was down 1.8 percent at $28.47 per ounce.
 

Ritika Sharma

Well-known member
403 0
Gm bullion opening buzz:-

gold:-29390
silver:-55674
copper:-427.5
nickel:-908.6
crude:-4977
naturalgas:-196.1
lead:-120.65
zinc:-108
aluminium-106.75
 

Ritika Sharma

Well-known member
403 0
Gold traded little changed on Wednesday, holding near a two-week high hit in the previous session when Germany's central bank expressed concerns about the euro zone crisis and the risk of the European Central Bank's moves to stem the crisis.
 

Ritika Sharma

Well-known member
403 0
GOLD

Gold hovered above $1,600 on Tuesday as nervousness around Cyprus' upcoming vote on a levy on bank deposits supported safe haven interest in gold, while outflows from exchange-traded gold funds kept gains in check.

COPPER

London copper steadied on Tuesday above four-month lows hit in the previous session but investors stayed on the sidelines, wary about a controversial bailout plan for Cyprus, while consumers watched for more opportune levels to buy.
 

Ritika Sharma

Well-known member
403 0
GOLD

Gold hovered above $1,600 on Tuesday as nervousness around Cyprus' upcoming vote on a levy on bank deposits supported safe haven interest in gold, while outflows from exchange-traded gold funds kept gains in check.

COPPER

London copper steadied on Tuesday above four-month lows hit in the previous session but investors stayed on the sidelines, wary about a controversial bailout plan for Cyprus, while consumers watched for more opportune levels to buy.
 

Ritika Sharma

Well-known member
403 0
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
403 0
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
25 1
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
403 0
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
 

kirantrading

Newbie
4 0
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
36 0
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
403 0
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
403 0
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
403 0
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
403 0
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
 
 
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