Daily Commodity Trends

Ritika Sharma

Well-known member
403 0
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
403 0
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
403 0
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
403 0
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
403 0
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
403 0
: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
403 0
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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