GENERAL MARKET CONDITIONS

Gold and silver fell yesterday after Congressional leaders from both parties said they have agreed in principle to the emergency measure. The lawmakers said they would present their agreement to the White House in hopes of a vote within days. Under a set of principles endorsed by both parties, the the administration would be granted the full $700bn it sought, but with a first tranche of just $250bn and a further $100bn available without further congressional approval. Congress would get a chance to a vote on the remaining $350bn at a later date. The US Treasury was considering the proposals last night.

Washington Mutual Inc. may be seized by the US and parts sold to JPMorgan Chase & Co. in what will rank among the biggest banking failures in U.S. history. The Federal Deposit Insurance Corp. plans to take control of Seattle-based WaMu, the biggest U.S. savings and loan, according to the CNBC television network, and New York-based JPMorgan will buy deposits and branches, the Wall Street Journal said, without citing any sources. The FDIC insurance fund is not expected to contribute any money, the Journal said.

Our view on the above: Commodities will be volatile and if they are unable to break key technical resistances by next week they will fall sharply. Unless the US bail out package is confirmed gold, silver, copper and crude oil will not fall by much. Only volatility will rise. Once the US bail out package is announced, commodities will fall first and then rise.

COMEX COPPER DECEMBER

Intra day copper is bullish over $303 {LME (3 month) $6800} with $318 and $325 as the key resistance.

MCX NICKEL SEPTEMBER: Use a sell on rise strategy till nickel does not break 832-838 zone. Short term investors should buy nickel near to the 688-705 zone


MCXARUN
9994500540

safe trade calls

GOLD

Broad Range seen between 12350 & 13500 for medium term, either side break will gives rally. for the day sell below 12960 S/L 12990 and T/p 12930/ 12875/towards 12775 in coming days OR sell ard 12215-20 S/L 13225 and T/p 13180/13125 (any time close above 13550/13850 bullish while close below 12300/11675/11125 bearish for medium term)

SILVER

for the day sell only below 20400 S/L 20460 and T/p 20300-200 OR buy on dips ard 20030-40 S/L 20000 and T/p 20125-200/towards 20400, anytime sustain close above 20975 seen new rally towards 22000 in coming days (any time close below 18950/17650bearish rally while close above 20975/ 22150/25250/26350/27475/28000 bullish for medium term)


CRUDE

Crude oil Inventory schedule to release today. PRICE TURN EXACT FROM OUR GIVEN RESISTANCE= 5000 AS DAYS HIGH WAS 4995. book profit on buy ard 4790-95, for the day sell below 4775 & more below 4755 S/L 4800 and T/p 4720-4695 OR sell ard 4950-55 S/L 4960 and T/p 4920/4890(now crude need to close above 5000/ 5305/5460 for bullish rally while close below 4660/4440/4250/3960 bearish for medium term)


COPPER

Continue to view as long Resistance 323.5/327 down trend continue. PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=327 AS DAYS HIGH WAS 326.95. for the day sell below 316.5 S/L 318 and T/p 315.5/313.5/ towards 312/310/below down rally OR sell ard 324.3-324.6 S/L 325 and T/p 323/321 (upside strong rally only on close above 327/339/351.25/360.5/387/ 398 while close below 310/303.5/289/ 265/251.5/235 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

PRICE TURN ALMOST FROM OUR GIVEN RESISTANCE=13150 AS DAYS HIGH WAS 13152. Broad Range seen between 12350 & 13500 for medium term, either side break will gives rally. for the day buy only abv 12160 S/L 12130 and T/p 12200-260/sustain abv towards 12360 OR buy ard 12815-20 S/L 12800 and T/p 12875-950 (any time close above 13550/13850 bullish while close below 12300/11675/11125 bearish for medium term)


SILVER

THIS WAS OUR WORDS "as long support of 18900-950, upside seen continue" & SEE RALLY SINCE LAST 2-DAYS. book profit on buy abv 19750, for the day buy abv 20750 S/L 20650 and T/p 20850/21000, sustain close above 20850 seen new rally towards 22000 in coming days OR buy ard 20170-180 S/L 20150 and T/p 20300-400 (any time close below 18950/17650bearish rally while close above 20850/ 22150/25250/26350/27475/28000 bullish for medium term)


CRUDE

THIS WAS OUR WORDS YESTERDAY "above 4725 test 4825 atleast/ towards 4900" ACHIEVED AS YESTERDAY HIGH WAS 4955. book profit on buy abv 4725, for the day buy only abv 4975 S/L 4950 and T/p 5000/ towards 5100 in coming days OR buy ard 4790-95 S/L 4780 and T/p 4850-4900. (now crude need to close above 4955/5305/5460 for bullish rally whileclose below 4660/4440/4250/3960 bearish for medium term)


COPPER

we book profit on sell last. for the day buy only abv 327 S/L 325.5 and T/p 328.5-30/towards 334 OR buy ard 319.4-319.6 S/L 319 and T/p 321.5-23(upside strong rally only on close above 327/339/351.25/360.5/387/398 while close below 310/303.5/289/265/251.5/ 235 bearish for medium term)


MCXARUN
9994500540

GENERAL MARKET CONDITIONS

It’s the US dollar story for commodities. As long as the US dollar weakens commodities will remain firm. There are concerns that the Federal reserve funding virtually bankrupt companies in US will result in US deficits ballooning. This will be known only after a gap of two to three months. Till then uncertainty will prevail. Due to lack of major market moving news the market focus is on US deficits. Commodities will fall and US dollar will gain as and when market some other news arrives so as switch focus from away from US economy.

TODAY

We prefer to remain on the sidelines and buy on sharp dips as well as sell on a rise. Technically gold, silver, copper and crude oil are bullish.

NYMEX CRUDE OIL (1^ST CONTRACT)

Intra day sellers will emerge only on a consolidated fall below $106 for $103.80 and $99.20. On the higher side $112 and $116.80 are the key resistances.

MCXARUN

9994500540

comex crude outlook

Crude oil futures rose yesterday and touched 102.24 a barrel and closed up as on growing U.S. and Nigerian supply concerns even as the dollar jumped on an emerging U.S. government plan for a comprehensive solution to the financial crisis.

According to the U.S. Federal Reserve, it would expand its reciprocal currency agreements to $180 billion, boosting its existing swap lines with the European Central Bank and Swiss National Bank and setting up new currency swap arrangements with the Bank of Japan, Bank of England and Bank of Canada.

In a surprise move on last Wednesday, OPEC agreed to revise its complex output targets and cut supplies by half a million barrels per day.

The economy in the United States and Europe is turning bad and people realize that the growth in the economies of China, India and Brazil will not be enough to offset what looks like a world economic contraction also added pressure in oil prices.

Light, sweet crude oil for October delivery in the New York Mercantile Exchange traded in the range $102.24 - $95.73, before settling at $98.02a barrel yesterday.

Crude has fallen sharply since reaching an all-time high of $147.27 a barrel on July 11 as growing global economic problems and high fuel prices have cut demand in top consumer the United States as well as Europe.

Oil price had touched an all-time high of $147.27 a barrel on 11th July but has corrected from there in the succeeding weeks.

Crude Oil (DWTI oct.)

Crude oil price remains weak below $105. Supports are $98.50, $87 Resistances are $110.40, $115.60 and $122. If trade and sustain above 105.50, expecting more uptrend

DWTI (oct) traded in the range $101.80 - $95.80 and closed at $97.54.

TECHNICAL OUTLOOK (Intra-day)

DGCX Crude (Aug) - Bullish above $98.50; bearish below $97.80


MCXARUN
9994500540

comex gold outlook

After a fierce rally on Wednesday, Gold ended lower yesterday as the profit booking and a broad surge with stocks on news Treasury Secretary Henry Paulson is talking about a Resolution Trust Corp-type solution to the current financial crisis.

According to the U.S. Federal Reserve, it would expand its reciprocal currency agreements to $180 billion, boosting its existing swap lines with the European Central Bank and Swiss National Bank and setting up new currency swap arrangements with the Bank of Japan, Bank of England and Bank of Canada.

At the same time the U.S. Labor Department said that jobless claims were up 10,000 last week to 455,000, more than expected and influenced by Hurricane Gustav.

Initial claims for state unemployment insurance benefits rose to a seasonally adjusted 455,000 during the week ended Sept. 13 from 445,000 the prior week. Analysts polled by Reuters had forecast claims to drop to 440,000 last week.

Meanwhile, the number of continued claims unexpectedly fell by 55,000 to 3.48 million in the week ended Sept. 6, the most recent week for which that data is available, after an increase of 129,000 the prior week.

But analysts had expected continued claims to be almost unchanged from 3.53 million in the week ended Aug. 30, which was the highest reading since October 2003.

At the same time according to the U.S. Labor Department, the consumer price index was down .1% in August and up 5.4% from a year ago, as expected. Excluding food and energy, prices were up .2% in August and up 2.5% from a year ago.

In a report, the U.S. trade deficit swelled to $62.2 billion, the largest since March 2007, from an upwardly revised estimate of $58.84 billion in June. Wall Street analysts had forecast the deficit to expand to $58.0 billion from the original June tally of $56.8 billion.

International spot gold traded in the range $902.60 - $841.7005a Troy Ounce and last quoted at $847.25.

Weekly Outlook (DG. OCT.)

More selling pressure expecting below $789.30 .Resistances are $798, $811, $820. Supports are $779, $772.20, and $745.if sustain above $820, expecting more uptrend

Last day DGCX Gold Dec. traded in the range $920.40– $857and closed at $868.20

TECHNICAL OUTLOOK (Intra-day)

GOLD (Dec) - Bullish above $880 bearish below $ 875.60


MCXARUN
9994500540

safe trade calls

GOLD

for the day sell only below 13000 S/L 13035 and T/p 12940/12850/anytime sustain close below 12800 test 12450 atleast in coming days OR buy only abv 13550 S/L 13500 and T/p 13600/ towards 13700 (any time close above 13550/13850 bullish while close below 12750/12300/11675/11125 bearish for medium term)

SILVER

As long support of 18900-950, upside seen continue. for the day buy only abv 20550 S/L 20450 and T/p 20650-750-850/sustain above 20850 seen new uprally OR buy ard 19000-10 S/L 18950 and T/p 19100-200 upto 19300, only below 18900 trigger sell call again (any time close below 18950/18350/17800-650 bearish rally while close above 20850/22150/25250/26350/27475/ 28000 bullish for medium term)

CRUDE

THIS WAS OUR WORDS YESTERDAY "sustain abv towards 4700 in coming days" ACHIEVED AS DAYS HIGH WAS 4714. we book profit on buy abv 4520, fresh buy only abv 4660 S/L 4630 and T/p 4700-4715/sustain abv test 4825 atleast OR sell below 4470 S/L 4500 and T/p 4440/4400-4390 where support seen again (now crude need to close above 4715/4920/5305/5460 for bullish rally while close below 4440/ 4250/3960 bearish for medium term)


COPPER

Continue to view as long Resistance of 323.5 & 326 down trend continue. sell only below 310 S/L 311.5 and T/p 308/ 306/303.5/below down rally OR sell ard 322.8-323 S/L 323.5 and T/p 321/318.5 (upside strong rally only on close above 327/339/351.25/360.5/387/398 while close below 303..5/289/265/251.5/235 bearish for medium term)


MCXARUN
9994500540

comex gold outlook

Gold fell yesterday as the recovery in dollar after the Federal Reserve held interest rates steady at 2.0 percent rather than rate cuts and also sell off from nervous Investors to cover losses.

Dollar also supported by Bloomberg report that the Federal Reserve is considering a loan package to American International Group (AIG).

Fall in crude oil price also affected the gold pieces. Oil fell sharply yesterday amid mounting concern that continued turmoil in global financial markets will further weaken fuel demand.

At the same time according to the U.S. Labor Department, the consumer price index was down .1% in August and up 5.4% from a year ago, as expected. Excluding food and energy, prices were up .2% in August and up 2.5% from a year ago.

At the same time according to the report, the U.S. trade deficit swelled to $62.2 billion, the largest since March 2007, from an upwardly revised estimate of $58.84 billion in June. Wall Street analysts had forecast the deficit to expand to $58.0 billion from the original June tally of $56.8 billion.

According to the ministry of mining in Peru, a leading global metals exporter, production rise in July from the same month a year earlier.

Peru is the world's second largest producer of copper, zinc and fifth largest in gold. It leads the world in silver production.

According to the report from The National Association of Realtors, Pending Home Sales Index, based on contracts signed in July, was down 3.2 percent to 86.5 from an upwardly revised 89.4 in June.

International spot gold traded in the range $789.70
- $771.55a Troy Ounce and last quoted at $777.55.

Weekly Outlook (DG. OCT.)

More selling pressure expecting below $789.30 .Resistances are $798, $811, $820. Supports are $779, $772.20, and $745.if sustain above $820, expecting more uptrend

Last day DGCX Gold Dec. traded in the range $793.50– $776and closed at $782.10

TECHNICAL OUTLOOK (Intra-day)

GOLD (Dec) - Bullish above $786 bearish below $ 781

MCXARUN
9994500540

safe trade calls

GOLD

we book profit on buy abv 11710. Continue to view as long Resistance 11870 & 11950, down trend continue. for the day sell below 11660-650 S/L 11685 and T/p 11600-590/11555-535/ 11485 towards 11425 OR buy only abv 11875 S/L 11850 and T/p 11910-950/ upto 12025 (any time close above 11950/12680/12950/13550/13850 bullish while close below 11425/11125 bearish for medium term)


SILVER

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=18375 AS DAYS HIGH WAS 18374. book profit on sell below 19300/19050/18750-700, for the day sell only below 17775 S/L 17860 and T/p 17700-650/sustain close below 17650 test 17250-300 atleast/towards 17100 in coming days OR sell ard 18200-210 S/L 18225 and T/p 18100-18050 upto 18000, only sustain above 18525 uptrend again (any time close below 17650/17100 bearish rally while close above 18800/19750-20200/20850/ 22150/25250/26350/27475/ 28000 bullish for medium term)


CRUDE

Crude oil Inventory schedule to release today. THIS WAS OUR WORDS YESTERDAY "sustain below 4390 test 4330-4300 atleast" ACHIEVED AS DAYS LOW WAS 4251. Continue to view as long Resistance 4450 & 4610, down trend continue. for the day sell only below 4250 S/L 4280 and T/p 4215-4190/upto 4150 OR sell ard 4438-40 S/L 4450 and T/p 4400/4350. (now crude need to close above 4610/4920/5305/ 5460 for bullish rally while close below 4250/3960 bearish for medium term)


COPPER


PRICE TURN EXACT FROM OUR GIVEN LEVEL ON BOTH SIDES. Continue to view as long Resistance of 321 & 326 down trend continue. book profit on sell below 319-318.5/314.5, for the day sell below 314 S/L 315.5 and T/p 313/311.75/310/below down rally OR sell ard 325.2-325.5 S/L 326 and T/p 323-21/319 (upside strong rally only on close above 327/339/351.25/360.5/ 387/398 while close below 303.5/289/ 265/251.5/235 bearish for medium term)


MCXARUN
9994500540

long view calls

COPPER
LIKELY TO TEST 295/288 WITH ANY BREAK & CLOSE BELOW 305 & 303, ONLY CLOSE ABOVE 339 UPTREND AGAIN(NOV)

ZINC
LIKELY TO TEST 91-92 WITH ANY BREAK & CLOSE ABOVE 87 AND CLOSE ABOVE 92.5 SEEN NEW UPRALLY, WHILE CLOSE BELOW 76.8 TEST 73.5/71, ONLY ABOVE 86 BULLISH RALLY (SEP)

NICKEL
LIKELY TO TEST 970-980/UPTO 1000 WITH ANY BREAK & CLOSE ABOVE 945, WHILE CLOSE BELOW 829 TEST 800 ATLEAST(SEP)

LEAD
LIKELY TO TEST 74-75 TOWARDS 72 WITH ANY BREAK & CLOSE BELOW 79.5, WHILE ONLY CLOSE ABOVE 93.5 & 99-100 SEEN BULLISH RALLY SHARP (SEP)

ALUMINUM
LIKELY TO TEST 128-29 UPTO 132 WITH ANY BREAK & CLOSE ABOVE 124, WHILE CLOSE BELOW 115.5 TEST 113, BELOW DOWN RALLY (SEP)

NAT GAS
LIKELY TO TEST 405-420 WITH ANY BREAK & CLOSE ABOVE 385, WHILE CLOSE BELOW 314.5 TEST 300 ATLEAST (SEP)

MCXARUN
9994500540

imporatant tecnical charts

click the pics for large view







MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance 11700/11830/11950, down trend continue. for the day sell below 11460 S/L 11490 and T/p 11400/towards 11350-300 in coming days OR sell ard 11785-795 S/L 11800 and T/p 11750-715/11675, only sustain abv 11800-11830 trigger buy again (any time close above 11950/12680/12950/13550/13850 bullish while close below 11450/11275/ 11125 bearish for medium term)


SILVER

THIS WAS OUR WORDS "sustain close below 19300 test 18700-750 atleast" ACHIEVED EXACTLY AS YESTERDAY LOW WAS 18750. Continue to view, as long Resistance 19750/20200 & 20850 down trend likely to continue. book profit on sell below 19300/19050, fresh sell only below 18750 & 18700 S/L 18875 and T/p 18600/500/sustain close below 18700 seen new down rally towards 18000 OR sell ard 19260-275 S/L 19300 and T/p 19175/19050 (any time close below 18700/17900 bearish rally while close above 19750/20200/20850/22150/25250/ 26350/27475/28000 bullish for medium term)


CRUDE

Crude oil Inventory Schedule to release today. Continue to view as long Resistance 4900-4930, down trend continue. book profit on sell below 5070/ 4900/4750, for the day sell below 4670 S/L 4695 and T/p 4640-25/sustain close below 4670 test 4550-4600 atleast in coming days OR sell ard 4830-35 S/L 4840 and T/p 4800-4785 (now crude need to close above 4930/5180/5290/ 5475/5710/6375 for bullish rally while close below 4700 bearish for medium term)


COPPER

book profit on sell below 325.5/321/319/ 306.5, for the day sell only below 305 S/L 306.5 and T/p 303.5/sustain below down rally to break 300 mark OR sell ard 313.8-314 S/L 314.5 and T/p 312/ 310 (upside strong rally only on close above 327/339/351.25/360.5/387/398 while close below 303.5/289/265/251.5/ 235 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

PRICE TURN EXACT FROM OUR GIVEN LEVEL. Continue to view as long Resistance 11830/11950, down trend continue. for the day sell below 11600 S/L 11630 and T/p 11570-50/ 11520/sustain below 11520 towards 11350-300 in coming days OR buy only abv 11800 & 11830 S/L 11760 and T/p 11900-930/sustain close above 11950 test 12150-200 atleast in coming days (any time close above 11950/12680/ 12950/13550/13850 bullish while close below 11520/11275/11125 bearish for medium term)

SILVER

Continue to view, as long Resistance 19750/20200 & 20850 down trend likely to continue. book profit on sell below 19300, fresh sell below 19050 S/L 19150 and T/p 19000/towards 18700-750 in coming days OR sell ard 19550-560 S/L 19575 and T/p 19450/upto 19300 (any time close below 19000/ 18700/18000 bearish rally while close above 20200/20850/22150/25250/ 26350/27475/28000 bullish for medium term)


CRUDE

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=4900 AS DAYS HIGH WAS 4895. Continue to view as long Resistance 4900-4930, down trend continue. book profit on sell below 5070/ 4900/4750, for the day sell only below 4690 S/L 4725 and T/p 4660-40/sustain close below 4690 test 4550-4600 atleast in coming days OR sell ard 4840-45 S/L 4850 and T/p 4820-4790 (now crude need to close above 5180/ 5290/5475/5710/6375 for bullish rally while close below 4700 bearish for medium term)


COPPER

PRICE TURN EXACT FROM OUR GIVEN LEVELS BOTH SIDES WE GIVEN SUPPORT 306 AND DAYS LOW=306.1 AND RESISTANCE AT 312 AND DAYS HIGH=311.8. book profit on sell below 325.5/321/319, for the day sell only below 306.5 & 306 S/L 307.7 and T/p 304/303.5/sustain below down rally to break 300 mark OR sell ard 313.8-314 S/L 314.5 and T/p 312/ 310 (upside strong rally only on close above 327/ 339/351.25/360.5/387/398 while close below 303.5/289/265/251.5/ 235 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

PRICE TURN EXACT FROM OUR GIVEN SUPPORT LEVEL=11520 AS DAYS LOW WAS 11525. Continue to view as long Resistance 11825/11950, down trend continue. for the day sell below 11550 & more below 11520 S/L 11575 and T/p 11465-475/sustain below towards 11300 in coming days OR buy only abv 11800 & 11830 S/L 11760 and T/p 11900-930/sustain close above 11950 test 12150-200 atleast in coming days (any time close above 11950/ 12680/12950/13550/13850 bullish while close below 11520/11275/11125 bearish for medium term)


SILVER

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=20200 AS DAYS HIGH WAS 20185 AND OUR SUPPORT=19300 AS DAYS LOW WAS 19301. Continue to view, as long Resistance 20500 & 20850 down trend likely to continue. for the day sell only below 19300 S/L 19400 and T/p 19200-100/sustain close below 19300 test 18700-750 atleast in coming days OR sell ard 19875-900 S/L 19925 and T/p 19775-725/upto 19625 (any time close below 19300/18550/18000 bearish rally while close above 20850/22150/25250/ 26350/27475/28000 bullish for medium term)


CRUDE

PRICE TURN EXACT FROM OUR GIVEN SUPPORT=4700 AS DAYS LOW WAS 4702. book profit on sell below 5070/4900/4750, sell only below 4700 S/L 4725 and T/p 4660-30/sustain close below 4700 test 4550-4600 atleast in coming days OR sell ard 4890-95 S/L 4900 and T/p 4860-30, sustain abv 4900 trigger buy call again towards 4930 & 5000 in coming days (now crude need to close above 5180/5290/5475/5710/ 6375 for bullish rally while close below 4700 bearish for medium term)


COPPER

THIS WAS OUR WORDS SINCE LAST DAYS "Continue to view as long Resistance of 328.5 & 339, down trend continue" AND SEE SHARP FALL. book profit on sell below 325.5/ 321/319, for the day sell below 307 S/L 309 and T/p 306/towards 303.5/below down rally OR sell ard 314.2-314.5 S/L 315 and T/p 313.25/311/309 (upside strong rally only on close above 327/ 339/351.25/360.5/387/398 while close below 303.5/289/265/251.5/235 bearish for medium term)


MCXARUN
9994500540

traget hit

tecnically we are very strong in our trading tips
last week we post the important charts for gold and crude, thatz hit the all target,
enjoy the profit

see this link

http://tradeinmetals.blogspot.com/search/label/chart

MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance 11950, down trend continue. book profit on sell below 11775, for the day sell below 11540-520 S/L 11570 and T/p 11465-475/sustain below towards 11300 in coming days OR buy only abv 11725 S/L 11695 and T/p 11760-800 (any time close above 11950/12680/12950/13550/ 13850 bullish while close below 11520/ 11275/11125 bearish for medium term)


SILVER

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=20200 AS DAYS HIGH WAS 20200. Continue to view, as long Resistance 20500 & 20850 down trend likely to continue. for the day sell below 19700 S/L 19820 and T/p 19600-620/sustain below towards 19350-300 and close below 19300 seen new down rally OR sell ard 20340-350 S/L 20375 and T/p 20250-175/upto 20000 (any time close below 19325/18550/18000 bearish rally while close above 20850/ 22150/25250/26350/27475/28000 bullish for medium term)


CRUDE

PRICE TURN ALMOST FROM OUR GIVEN RESISTANCE=4910 AS DAYS HIGH WAS 4896. book profit on sell below 5070/4900, sell below 4750 S/L 4775 and T/p 4720-4700/sustain close below 4700 test 4550-4600 atleast in coming days OR buy only abv 4935 & more abv 4955 S/L 4915 and T/p 5000-5030 (now crude need to close above 5180/5290/5475/5710/6375 for bullish rally while close below 4700 bearish for medium term)


COPPER


Continue to view as long Resistance of 328.5 & 339, down trend continue. book profit on sell below 325.5/321, for the day sell below 319 S/L 320.6 and T/p 318/316/313.5/below down rally OR buy only abv 327 S/L 325.7 and T/p 328.5/ sustain abv towards 333 in coming days (upside strong rally only on close above 339/351.25/360.5/387/398 while close below 314/303.5/289/265/251.5/235 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance 11950, down trend continue. book profit on sell below 11775, for the day sell below 11540-520 S/L 11570 and T/p 11465-475/sustain below towards 11300 in coming days OR sell ard 11815-25 S/L 11830 and T/p 11760-725/ upto 11700 (any time close above 11950/ 12680/12950/13550/13850 bullish while close below 11520/11275/11125 bearish for medium term)


SILVER

Continue to view, as long Resistance 20500 & 20850 down trend likely to continue. for the day sell below 19800 S/L 19900 and T/p 19725/19650-600/ sustain below towards 19350-300 and close below 19300 seen new down rally OR sell ard 20460-475 S/L 20500 and T/p 20375-250 (any time close below 19325/18550/ 18000 bearish rally while close above 20850/22150/25250/26350/ 27475/28000 bullish for medium term)


CRUDE

Crude oil Inventory Schedule to release today THIS WAS OUR WORDS SINCE LAST DAYS "as long Resistance 5260 & 5300 down trend continue" & SEE PRICE FALL SHARPLY. book profit on sell below 5070/4900, fresh sell below 4770 S/L 4800 and T/p 4735-45/ 4700/sustain close below 4700 test 4550-4600 atleast in coming days OR sell ard 4950-55 S/L 4960 and T/p 4915/ 4870 (now crude need to close above 5180/5290/5475/5710/6375 for bullish rally while close below 4700 bearish for medium term)


COPPER

PRICE TURN EXACT FROM OUR GIVEN SUPPORT LEVEL=321.5 AS DAYS LOW WAS 321.4. Continue to view as long Resistance of 328.5 & 339, down trend continue. book profit on sell below 325.5/320.5, for the day sell below 321 S/L 322.6 and T/p 319.5/ 318/316/314/below down rally OR sell ard 328-328.5 S/L 329 and T/p 324.5/ 321.5 (upside strong rally only on close above 339/351.25/360.5/387/398 while close below 314/303.5/289/265/251.5/ 235 bearish for medium term)


MCXARUN
9994500540

long view calls

ZINC
LIKELY TO TEST 83.75/85.5 WITH ANY BREAK & CLOSE ABOVE 81.75, WHILE CLOSE BELOW 76.8 TEST 74.75/72.75, ONLY ABOVE 86 BULLISH RALLY (SEP)


NICKEL
LIKELY TO TEST 965-70/TOWARDS 980 WITH ANY BREAK & CLOSE ABOVE 945, WHILE CLOSE BELOW 845 TEST 830 TOWARDS 810(SEP)


LEAD
LIKELY TO TEST 77 UPTO 75 WITH ANY BREAK & CLOSE BELOW 82.5/81, WHILE ONLY CLOSE ABOVE 99-100 SEEN BULLISH RALLY SHARP (SEP)


MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance 11950, down trend continue. for the day sell below 11775 S/L 11805 and T/p 11725/sustain below towards 11625 in coming days OR buy only abv 11950 S/L 11920 and T/p 11985-12000/12050 (any time close above 11950/12680/ 12950/13550/13850 bullish while close below 11590/11275/11125 bearish for medium term)


SILVER

Continue to view, as long Resistance 20550-20600 down trend likely to continue. for the day sell below 19950 S/L 20050 and T/p 19850-800/sustain below towards 19500 in coming days OR sell ard 20325-30 S/L 20350 and T/p 20225-150, only sustain abv 20550-600 trigger buy call again (any time close below 19200 -18900 bearish rally while close above 20600/21900/22850/25000/ 26100/27250/28000 bullish for medium term)


CRUDE

THIS WAS OUR WORDS SINCE LAST DAYS "as long Resistance 5260 & 5300 down trend continue" & SEE PRICE FALL SHARPLY. book profit on sell below 5070, fresh sell below 4900 S/L 4930 and T/p 4865-70/4825-30/ towards 4780 in coming days OR sell ard 5060-65 S/L 5070 and T/p 5015/ 4975, only sustain abv 5260 & 5300 trigger buy call again (now crude need to close above 5290/5475/5710/6375 for bullish rally while close below 4950/ 4865/4760 bearish for medium term)


COPPER

Continue to view as long Resistance of 328.5 & 339, down trend continue. book profit on sell below 325.5, for the day sell below 320.5 S/L 321.5 and T/p 318/ 316/314/down rally OR sell ard 329.2-329.5 S/L 330 and T/p 327.5/325 (upside strong rally only on close above 339/351.25/360.5/387/ 398 while close below 314/303.5/289/265/251.5/235 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance 11950, down trend continue. for the day buy only abv 11950 S/L 11920 and T/p 11985-12000/12050 OR sell below 11800 S/L 11830 and T/p 11770-750/ 725/sustain below towards 11600 (any time close above 11950/12680/12950/ 13550/13850 bullish while close below 11590/11275/11125 bearish for medium term)


SILVER

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=20450 AS DAYS HIGH=20439. Continue to view, as long Resistance 20600 down trend likely to continue. for the day buy only abv 20550 & more abv 20600 S/L 20490 and T/p 20700-750/20900 atleast in coming days OR sell only below 20125 & 20050 S/L 20200 and T/p 20000/ towards 19850/sustain below 19800 seen down rally sharp (any time close below 19200 -18900 bearish rally while close above 20600/21900/22850/25000/26100/ 27250/28000 bullish for medium term)


CRUDE

PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=5205 AS DAYS HIGH WAS 5204. Trading Range seen between 4950 & 5300, either side Break-Out will give sharp rally. for the day sell below 5070 S/L 5090 and T/p 5045/5000 upto 4955 OR sell ard 5240-45 S/L 5250 and T/p 5210-180, only sustain abv 5260 & 5300 trigger buy call again (now crude need to close above 5290/5475/5710/6375 for bullish rally while close below 4950/4865/4760 bearish for medium term)

COPPER

Continue to view as long Resistance of 334.5 & 339, down trend continue. sell below 325.5 S/L 326.5 and T/p 324.5-323.5/sustain below test 321-20 atleast OR sell ard 333.75-334 S/L 334.5 and T/p 331/329.5 (upside strong rally only on close above 339/351.25/360.5/387/ 398 while close below 323.5/314/303.5/ 289/265/251.5/235 bearish for medium term)


MCXARUN
9994500540