Friday, April 17, 2009

safe trade calls

GOLD

Continue to view Xpect price towards 13800-775 only with close below 14000 and as long Resistance of 14330 & 14475 down trend seen continue. book profit on sell below 14180, for the day sell below 14100 S/L 14135 and T/p 14060-14000/below new down rally OR sell ard 14460-470 S/L 14475 and T/p 14400-350 (any time close above 15075/15600/16050 bullish while close below 14000 bearish for medium term)


SILVER

Xpect price towards 19500-19200 only with close below 20100 and as long Resistance of 20850 & 21100. for the day sell only below 20250 S/L 20350 and T/p 20150-100/below new down rally OR sell ard 20820-830 S/L 20850 and T/p 20700-600-500 (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 2660 & 2750 down trend seen continue. for the day sell only below 2565 S/L 2588 and T/p 2540/2510/close below seen towards 2375-2350 Range in coming days OR sell ard 2650-55 S/L 2660 and T/p 2620-10 (now crude need to close above 2750-2800/2835-2865 for bullish rally while close below 2510/ 2355/2300/2175/2100 bearish for medium term)


COPPER

Continue to view as long Support of 232 & 229 uptrend seen continue. for the day buy only abv 243 S/L 241.5 and T/p 245-46/248 OR sell below 235 S/L 236 and T/p 233-32/229 any where again support seen (upside strong rally only on close above 243/248/269.5 while close below 229/215/199/182 bearish for medium term)


MCXARUN
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