Wednesday 27 March 2013

COPPER & LEAD COMEX FRESH BREAK DOWN

COPPER COMEX BREAKDOWN WEEKLY CHARTS



COPPER COMEX (27-March-2013) recently on weekly charts gave a breakdown of a classical symmetrical Triangle Pattern and Next Support is @3.20 $ Selling Opportunity Lies at current Levels. Major Profit Booking has been Seen in Commodities including Precious Metals and Base Metals.

Now Trading Near to levels around 3.4200 $. Here the Breakout on the weekly charts we suggest one can Initiate a Short Position on Copper MCX also following the Levels at COPPER COMEX. 


LEAD COMEX BREAKDOWN ON DAILY CHARTS


Fresh Breakout on The Charts of LEAD COMEX. Broke a Strong Trend line support Levels on Daily Charts. Next Support @1920 $ One Can Initiate a Short Position and Any bounce back towards higher level will be a selling opportunity.

Now Trading Near to Levels around 2115$ and further correction can can take LEAD COMEX around next Support @1920$. Based on the Breakdown on Daily charts Trend line support we suggest to Initiate Short Position at current levels and any any bounce back at higher levels will be a opportunity to take a short position. 

Thursday 21 March 2013

SILVER MCX AND COMEX

HOURLY CHARTS OF SILVER MCX AND SILVER COMEX


SILVER MCX may face stiff resistance around 55300- 55400 levels. One can Initiate a short position around these levels.


SILVER COMEX may Face stiff Resistance around 29.50$- 29.45$ Levels. One can Initiate a short position around these levels.



Wednesday 20 March 2013

GOLD MCX

GOLD MCX May face Stiff Resistance Around 29950- 29970. Sell Around 29950 with SL 30050
If GOLD MCX Closes Above 29970 it May head Towards 30400.


Thursday 14 March 2013

Silver COMEX

Hourly Chart Of Silver at COMEX


Silver COMEX can bounce Back from Current Levels Keep SL @28.50$ and Stay Long.

Reverse Position if Breaks 28.50$ levels and Sustain below these levels. Initiate Short Position if Silver Comex Trades Below 28.50$ Levels.

Monday 11 March 2013

Gold COMEX

11- March-2013

Trading in a Range

Gold Comex is Trading In a Range between 1585$ - 1565$

Buy GOLD COMEX Around 1565$ with SL 1558$ TGT 1585$
Sell GOLD COMEX Around 1585$ with SL 1592$ TGT 1565$