Thursday, January 8, 2009

safe trade calls

GOLD

PRICE TURN ALMOST FROM OUR GIVEN SUPPORT=13140 AS DAYS LOW=13150. we book profit on sell below 13575/13440/13200-190, for the day sell only below 13140 S/L 13180 and T/p 13090/close below test 12900-12850 Range atleast OR sell ard 13460-70 S/L 13475 and T/p 13430-380 (any time close above 13575/13800/14400 bullish while close below 13090/12650-600/12330/11950/11525-420 bearish for medium term)


SILVER

Continue to view as long Resistance of 18700 & 18850 down trend seen continue. our S/L hit in sell on rally but book profit on sell below 18250, for the day sell below 18050 S/L 18150 and T/p 17950-875/17625/sustain close below towards 17000 atleast in coming days OR buy only abv 18700 S/L 18570 and T/p 18800-850/close above test 19300 atleast in coming days (any time close below 17625-525/16925/16100/15775 bearish rally while close above 18850/ 19475/20975/21725 bullish for medium term)


CRUDE

Still good support at 2020 & 1990, as long hold some bounce back expected. for the day sell below 2125 S/L 2140 and T/p 2110-2070/below towards 2020 and close below down rally sharp OR sell ard 2240-45 S/L 2250 and T/p 2220-2190 (now crude need to close above 2450/2560/ 2860 for bullish rally while close below 2125/2020-1990/1790-1750 bearish for medium term)

COPPER

Still, good support seen at 159.5 & 151.5 from where bounce back expected. book profit on sell below 169.5, fresh sell only below 164 S/L 165.5 and T/p 162.5/159.5 OR buy abv 167.5 S/L 166.25 and T/p 169.5-171 (upside strong rally only on close above 175/183.5/191.5/197.5/204.5/219/238/ 271 while close below 159.5/151.5/144/ 138.5 bearish for medium term)


MCXARUN
9994500540

gold outlook 08.01.09

Trend
(08.01.09)
Gold:
830.90-849.20;
Resist:
861.70;
Suport:
818.40;
Silver:
10.78-11.20;
Resist;
11.48:
Support:
10.50;


this is today trend, we expect the range is 830$ to 850$,
already we said gold close below 840$ is weak, but gold still trading above 840$,
that means still market is range bound,
last day also all of our safe trade calls target hit.

from 11AM this blog will close,
itz only for our paid customers
call me 9994500540
MCXARUN