Thursday, April 9, 2009

safe trade calls

GOLD

Continue to view Xpect price towards 13800-775 only with close below 14000. for the day sell only below 14200 S/L 14250 and T/p 14150/100/14000/close below test 13800-650 in coming days OR sell ard 14560-570 S/L 14575 and T/p 14500-400 (any time close above 15075/15600/16050 bullish while close below 14000 bearish for medium term)

SILVER

Continue to view Xpect price towards 19650 & 19350 only with close below 20100 & as long Resistance of 20750 & 21225. for the day sell below 20400 S/L 20470 and T/p 20325-275/20100/below new down rally OR sell ard 20870-880 S/L 20900 and T/p 20800-700-600 (any time close below 20100 bearish rally while close above 21300/22950/23900 bullish for medium term)

CRUDE

Continue to view as long Resistance of 2580 & 2615 down trend seen continue. for the day sell below 2510 S/L 2530 and T/p 2480-2450/2410 OR sell ard 2605-10 S/L 2615 and T/p 2580-2550 (now crude need to close above 2700-2760/2870 for bullish rally while close below 2390/2280-2200/1990 bearish for medium term)


COPPER

Continue to view Trading Range seen between 215 & 225, break will decide fresh direction. for the day buy only abv 223.25 S/L 222 and T/p 225/close abv test 230 atleast in coming days OR buy ard 215.3-215.5 S/L 215 and T/p 217-219, below 215 avoid long positions (upside strong rally only on close above 225/234/248/ 269.5 while close below 207/199/182 bearish for medium term)


MCXARUN
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