Monday, March 22, 2010

safe trade calls!

GOLD


Continue to view as long Resistance at 16700/16810 expect price towards 16150-15950 in coming days. for the day sell below 16450 S/L 16480 and T/p 16400/Sustain below seen towards 16280-16175 OR sell ard 16685-695 S/L 16700 and T/p 16600-16525 (any time close above 17100/17300/17775/18400 bullish while close below 15950/15775/ 15500 bearish for medium term)


SILVER



Continue to view expect price towards 25900-25500-24800 as long Resistance at 26925/27325. we book profit on sell below 26900, for the day sell only below 26450 S/L 26530 and T/p 26325/26225/ 26000/25875 OR sell ard 27030-40 S/L 27050 and T/p 26900-26775 (any time close below 25900/24775/23825 bearish rally while close above 27325/28850/ 29925 bullish for medium term)



CRUDE



Continue to view as long Resistance at 3730/3760 down trend seen continue towards 3645-3610 in coming days. for the day sell only below 3660 S/L 3675 and T/p 3640-3610-3585/below new down Rally OR sell ard 3748-50 S/L 3755 and T/p 3720-3700 (now crude need to close above 3775-3800 for bullish rally while close below 3610/ 3500/3350 bearish for medium term)



COPPER



THIS WAS OUR VIEW ON FRIDAY "expect price towards 326-325/upto 312-300 in coming days as long Resistance at 344/345" AND SEE PRICE TURN FROM DAYS HIGH= 343.7 & FALL TOWARDS DAYS LOW=337.4 Continue to view expect price towards 326-325/upto 312-300 in coming days as long Resistance at 342.5/345. we book profit on sell below 342.5, fresh sell below 337.5 & more below 337 S/L 338.5 and T/p 336/334.5/ 332.5-330/below down Rally OR buy only abv 344 & more abv 345 S/L 343 and T/p 347-347.5/349.5/352.5/ 356.5/ abv new Uprally (upside strong rally only on close above 356 while close below 325/293 bearish for medium term)



MCXARUN
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