Gold crude forex calls/views

Nov 10, 2008
484
5
28
mohdarafat.com
#2
Gold price may face some more correction this week hence major supports are there to hold gold prices at 1116$ and 1090$ if breaks these levels than we expect around 1050$ and 1020$ hence gold prices may take more correction than expected if not able to sustain these levels cause global clues are quite negative due to GOLDMAN SACHS issue so better take positions intraday untill not clearing the position of world market

Weekly Levels are given below:

Resistance: 1155$- 1205$
Supports: 1116$-1070$

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Nov 10, 2008
484
5
28
mohdarafat.com
#3
As said last week silver prices may correct if breaks 18.10$ and it happened just lke that.

This week silver prices may correct more however a good support now at 16.80$ below this level may correct till 16 and 15$ but if again give close above 18.25$ than may fire for 19-21$ . Global clues are not so good so better take positions less and follow strict levels.


Weekly Levels are given below:
Resistance: 18.05$-19.60$
Supports: 16.80$-15.60$
 
Nov 10, 2008
484
5
28
mohdarafat.com
#4
Crude has a good support now at 81.20$ below this may test major hurdle at 79.80$ and a good resistance at 84.80 and 86.20$ below hurdle crude may drop till 76-74$ and above 86.20$ close may open for 90-94$

Weekly Levels are given below

Resistance: 86.30$-90.50$
Supports: 81.20$--79.80$
 
Nov 10, 2008
484
5
28
mohdarafat.com
#12
Gold prices are trading in range in 1120-1160$ above 1170$ can trade higher till 1200-1230$ however below 1120$ close may lead for 1090-1070$ a major support is 1070$ below close this can trade in 3digits .

Weekly Levels are given below:

Resistance: 1170$- 1205$
Supports: 1120$-1070$

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Nov 10, 2008
484
5
28
mohdarafat.com
#13
Silver prices as we said above 17.80$ can hit 18.25 and more .

This week it has resistance around 18.80$ above this may fire for 20-21$ a good support now at 17.20$ below this silver prices can test 16-15.70$ market is looking quite good so look for buy around supports .


Weekly Levels are given below:
Resistance: 18.80$-20.60$
Supports: 17.20$-15.60$

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Nov 10, 2008
484
5
28
mohdarafat.com
#14
Crude closed good above 85$ however now has a small resistance at 85.60$ above this may test major hurdle 86.30$ and if give 2close above hurdle than expect 90-92$ a good support occurs now at 82.20$ below close this may lead 79.80 and more

Weekly Levels are given below

Resistance: 86.30$-90.50$
Supports: 82.20$--79.80$

For trade signals send me private message