Tuesday, April 28, 2009

safe trade calls

GOLD

Continue to view Xpect price towards 14875 as long Support of 14500. for the day buy only abv 14800 S/L 14760 and T/p 14850-875/15000 OR sell only below 14500 S/L 14540 and T/p 14465/ 14365/14300 where again support seen (any time close above 14800/15075/ 15600/16050 bullish while close below 14275/13990-13925 bearish for medium term)


SILVER

Continue to view Xpect price towards 21725 as long Support of 21150 & 20950. for the day buy only abv 21650 S/L 21560 and T/p 21725-850/950 OR sell only below 20950 S/L 21030 and T/p 20825-725-20500 (any time close below 20500/19750-700 bearish rally while close above 21650/22950/ 23900 bullish for medium term)


CRUDE

PRICE TURN ALMOST FROM OUR GIVEN RESISTANCE. Continue to view as long Resistance of 2575-85/2610 down trend seen continue. for the day sell below 2475 S/L 2495 and T/p 2460-2430/below towards 2375 and close below 2375 new down rally for medium term OR sell ard 2565-70 S/L 2575 and T/p 2540-2520 (now crude need to close above 2610/2750-2800/2835-2865 for bullish rally while close below 2430/ 2375/300/2175/2100 bearish for medium term)


COPPER

Continue to view Xpect price towards 211-202 as long Resistance of 222.5 & 226.5. for the day sell below 217 S/L 218.5 and T/p 215.5/below towards 211 OR sell ard 225.8-226 S/L 226.5 and T/p 223-221 (upside strong rally only on close above 226/234.5/243/248/269.5 while close below 215/199/182 bearish for medium term)



MCXARUN
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