safe trade calls

GOLD


Continue to view Xpect more down Rally as long Resistance of 14800 & 14975, for the day sell only below 14635 & more below 14625 S/L 14660 and T/p 14570-14500/14425 in coming days OR sell ard 14935-945 S/L 14950 and T/p 14875-14825, only abv 15000 Uptrend now (any time close above 15000/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)



SILVER


THIS WAS OUR VIEW ON WEDNESDAY "sell only below 22250 S/L 22330 and T/p 22150/Sustain below 22150 expect price towards 21975-21775" & SEE PRICE REGISTER LOW=21758 SAME DAY.....ACHIEVEDDDD. Continue to view as long Resistance of 22375 & 22650 more down rally expected. for the day sell below 21975 S/L 22085 and T/p 21880/750/Sustain below 2175 expect price towards 21550-21200 in coming days OR sell ard 21620-630 S/L 21650 and T/p 21450-21200 (any time close below 21750/21100/20250 bearish rally while close above 23000/24150/24725 bullish for medium term)



CRUDE


Still Strong Resistance seen at 3250-3310, fail to break again down side expected. for the day sell below 3195 S/L 3220 and T/p 3165-50-3110 OR sell ard 3300-3305 S/L 3310 and T/p 3265-3240, abv 3310 avoid short Strictly (now crude need to close above 3330/3560 for bullish rally while close below 3065/ 2945/2815/2650/2565/2400 bearish for medium term)



COPPER


Now Expect price towards 278 atleast/If rally sustain expect towards 288 & 300 in coming days ONLY with close above 274. for the day buy only abv 274 S/L 272.25 and T/p 277-278 OR buy ard 269-2-269.3 S/L 269 and T/p 272-274 (upside strong rally only on close above 274 while close below 258/241.75/232/ 214.5 bearish for medium term)


MCXARUN
9994500540

safe trade calls!

GOLD

Now Expect more down Rally with any fall below 14690 & as long Resistance of 14900-15000. book profit on sell below 14770-14750, for the day sell below 14700 & more below 14690 S/L 14730 and T/p 14630-570-500 OR sell ard 14935-945 S/L 14950 and T/p 14875-14825, only abv 15000 Uptrend now (any time close above 15000/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


Now as long Resistance of 22650/22800 more down rally expected. for the day sell only below 22250 S/L 22330 and T/p 22150/Sustain below 22150 expect price towards 21975-21775 in coming days OR sell ard 22700-720 S/L 22730 and T/p 22550-22425 (any time close below 21700/21100/20250 bearish rally while close above 23000/24150/24725 bullish for medium term)


CRUDE


THIS WAS OUR CALL YESTERDAY "buy ard 3230-32 S/L 3225 and T/p 3260-3280" & SEE PRICE TURN FROM LOW=3228 TOWARDS 3260. Now more Down side expected only below break below 3225. for the day sell only below 3220 S/L 3240 and T/p 3190-3165 OR sell ard 3310-15 S/L 3320 and T/p 3290-3260, abv 3330 avoid short & expect sharp uprally (now crude need to close above 3330/3560 for bullish rally while close below 3110/3040/2945/ 2815/2650/2565/2400 bearish for medium term)


COPPER


PRICE TURN EXACT FROM OUR GIVEN SUPPORT YESTERDAY. Now Expect more correction only with fall below 266.5 & 264. book profit on sell below 269, for the day sell only below 266.5 S/L 268 and T/p 265-264/Sustain below towards 260-258 in coming days OR buy only abv 273 S/L 272 and T/p 276-278 (upside strong rally only on close above 273 while close below 258/241.75/232/214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Support of 14825 & 14750 More bounce back expected. for the day buy only abv 15000 S/L 14965 and T/p 15050/Sustain close above 15000 seen towards 15250-15300 range in coming days OR sell only below 14770 & more below 14750 S/L 14800 and T/p 14690/14630-570-500 (any time close above 14975/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


WE ANALYSE UPTREND SINCE REPORT Dt. 14-7-2009 WHEN PRICE BREAK 21500 & SEE YESTERDAY HIGH=22820, ALMOST 1300-points OR 6% rally WITHIN 11-SESSION. Continue to view expect more bounce back as long Support of 22550 & 22300. book profit on buy above 21500/21660/ 22000/22150/22410/22550, for the day buy only above 22825 S/L 22740 and T/p 22900-23000/Sustain abv towards 23300-350 Range in coming days OR buy ard 22320-330 S/L 22300 and T/p 22550-650, below 22300 avoid Long strictly (any time close below 21700/ 21100/20250 bearish rally while close above 23000/24150/24725 bullish for medium term)


CRUDE


WE ANALYSE UPTREND SINCE REPORT Dt. 17-7-2009 WHEN PRICE BREAK 3075 & SEE YESTERDAY HIGH=3327, ALMOST 250-points OR 8% rally WITHIN 9-SESSION. Continue to view as long Support of 3270 & 3225 Uptrend seen continue. for the day buy only abv 3330 S/L 3315 and T/p 3360-3375/towards 3400 OR buy ard 3230-32 S/L 3225 and T/p 3260-3280 (now crude need to close above 3330/3560 for bullish rally while close below 3110/ 3040/2945/2815/2650/2565/2400 bearish for medium term)



COPPER


THIS WAS OUR VIEW IN REPORT Dt. 17-7-2009 "Sustain Close abv 258.30 seen towards 271-274 Range atleast in coming days" & SEE HIGH REGISTER YESTERDAY= 272.9...... ACHIEVEDDDD Continue to view Xpect more bounce back as long Support of 266.5. for the day buy only abv 272.75 & more abv 273 S/L 271.75 and T/p 274-276/If Rally sustain expect price towards 288 & 300 in coming days OR sell only below 269 S/L 270 and T/p 267.75-266.75 where support seen (upside strong rally only on close above 273 while close below 258/241.75/232/ 214.5 bearish for medium term)



please see the long view calls!
that's will be 90% succes

MCXARUN
9994500540

safe trade calls!

GOLD


Continue to view as long Support of 14825 & 14750 More bounce back expected. for the day buy only abv 15000 S/L 14965 and T/p 15050/Sustain close above 15000 seen towards 15250-15300 range in coming days OR sell only below 14770 & more below 14750 S/L 14800 and T/p 14690/14630-570-500 (any time close above 14975/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


Continue to view expect more bounce back as long Support of 22300 & 22000. book profit on buy above 21500/21660/ 22000/22150/22410, for the day buy only above 22550 & 22600 S/L 22480 and T/p 22750/22875 OR buy ard 2270-75 S/L 22050 and T/p 22160-22270, below 22000 avoid Long strictly (any time close below 21700/21100/ 20250 bearish rally while close above 22580/ 23000/24150/ 24725 bullish for medium term)



CRUDE


OUR 1st POSITIONAL VIEW T/P 3250 & 2nd 3300 ALMOST ACHIEVED AS RECENT HIGH=3289, ON BUY GIVEN SINCE BREAK ABOVE 3075 IN REPORT Dt. 17-7-2009. Continue to view as long Support of 3225 Uptrend seen continue. for the day buy only abv 3290 S/L 3270 and T/p 3315-/towards 3360 OR buy ard 3230-32 S/L 3225 and T/p 3260-3280 (now crude need to close above 3290/3560 for bullish rally while close below 3110/3040/2945/2815/ 2650/2565/2400 bearish for medium term)


COPPER


Continue to view Xpect price towards 271-274 Range as long Support of 264. for the day buy only abv 270 S/L 268.8 and T/p 272-274 OR sell only below 264 S/L 265.5 and T/p 262.5-261/259.5 where support seen (upside strong rally only on close above 269.5 while close below 258/241.75/232/214.5 bearish for medium term)



MCXARUN
9994500540

long view calls

SPOT GOLD INTERNATIONAL

LIKELY TO TEST $ 1030-35 WITH ANY BREAK & CLOSE ABOVE $ 990 & 1005.... AND CLOSE ABOVE 1030 POTENTIAL TOWARDS $ 1100/1160 IN COMING MONTHS, WHILE CLOSE BELOW $ 905 SEEN TOWARDS 870-865 RANGE AND CLOSE BELOW $864 SEEN TOWARDS $ 835 & 805/780 ATLEAST IN COMING DAYS



SPOT SILVER INTERNATIONAL

LIKELY TO TEST $ 15.40-15.50/$16 WITH ANY BREAK & CLOSE ABOVE $ 14.40 AND CLOSE ABOVE $ 16.25 POTENTIAL TOWARDS $18 IN COMING DAYS... WHILE ONLY CLOSE BELOW $ 12.45/12 & $11.80 SEEN TOWARDS $ 10.65/10.30/10 IN COMING DAYS


CRUDE OIL

LIKELY TO TEST $ 80-82 RANGE WITH ANY BREAK & CLOSE ABOVE $ 73.40....WHILE CLOSE BELOW $ 58.30 SEEN TOWARDS $ 54/48 IN COMING DAYS


ZINC
LIKELY TO TEST 85-87 WITH ANY BREAK & CLOSE ABOVE 82.... WHILE CLOSE BELOW 77/74/71/69 DOWN RALLY AGAIN (JULY)


LEAD
LIKELY TO TEST 92-94 WITH ANY BREAK & CLOSE ABOVE 87.... WHILE CLOSE BELOW 79.5/75 DOWN RALLY AGAIN (JULY)


MCXARUN
9994500540

safe trade calls!

GOLD

Continue to view as long Support of 14825 & 14750 More bounce back expected. for the day buy only abv 15000 S/L 14970 and T/p 15050/Sustain close above 15000 seen towards 15250-15300 range in coming days OR sell only below 14750 S/L 14780 and T/p 14690/14630-570-500 (any time close above 14975/ 15550/15960/16350 bullish while close below 14375/14100/ 13800 bearish for medium term)


SILVER


Continue to view expect more bounce back as long Support of 22150/22000. book profit on buy above 21500/21660/ 22000/22150/22410, for the day buy only above 22550 & 22600 S/L 22480 and T/p 22750/22875 OR buy ard 2270-75 S/L 22050 and T/p 22160-22270, below 22000 avoid Long strictly (any time close below 21700/21100/ 20250 bearish rally while close above 22575/ 23000/24150/ 24725 bullish for medium term)


CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-7-2009 "Sustain above 3075 seen towards 3175-3250 in coming days" & SEE YESTERDAY HIGH=3259 ACHIEVEDDDD ** PRICE TURN EXACT FROM OUR GIVEN SUPPORT=3135 AS YESTERDAY LOW WAS 3138. Continue to view as long Support of 3185 & 3150 expect price towards 3300 in coming days. book profit on buy abv 3190, for the day buy only abv 3260 S/L 3240 and T/p 3290-3300 OR buy ard 3185-90 S/L 3180 and T/p 3215-3230 (now crude need to close above 3260/3560 for bullish rally while close below 3110/ 3040/2945/2815/2650/2565/2400 bearish for medium term)


COPPER


THIS WAS OUR VIEW YESTERDAY "buy ard 264.2-264.5 S/L 264 and T/p 266-267.5" & SEE PRICE TURN FROM LOW=264.4 TO RALLY TOWARDS 269.5.......ACHIEVEDDDD. Continue to view Xpect price towards 271-274 Range as long Support of 264. book profit on buy abv 263/264.5, for the day buy only abv 268.25 S/L 267 and T/p 269.5/abv towards 271-274 Range in coming days OR sell only below 264 S/L 265.5 and T/p 262.5-261/259.5 where support seen (upside strong rally only on close above 269.5 while close below 258/241.75/ 232/214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls

GOLD


Continue to view as long Support of 14770-14690 Uptrend seen continue. book profit on buy abv 14825, for the day buy only above 14925 S/L 14885 and T/p 14975/close above 14975 seen towards 15250-15300 range in coming days OR sell only below 14690 S/L 14730 and T/p 14630-570-500 (any time close above 14975/15550/15960/16350 bullish while close below 14375/14100/ 13800 bearish for medium term)



SILVER


Continue to view expect more bounce back as long Support of 22000-21950. book profit on buy above 21500/ 21660/ 22000/22150, for the day buy only above 22400 S/L 22320 and T/p 22550/ 22700 in coming days OR sell below 21950 S/L 22050 and T/p 21800-21725 (any time close below 21700/21100/ 20250 bearish rally while close above 22400/23000/24150/24725 bullish for medium term)



CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-7-2009 "Sustain above 3075 seen towards 3175-3250 in coming days" & SEE YESTERDAY HIGH=3222 ACHIEVEDDDD. Continue to view Xpect price towards 3250 as long Support of 3140-3120. we book profit on buy abv 3170, for the day buy abv 3185 S/L 3170 and T/p 3200-3225-3250 OR sell only below 3120 S/L 3140 and T/p 3100-3075-3050 where Support seen again (now crude need to close above 3230/ 3560 for bullish rally while close below 3040/2945/2815/2650/2565/2400 bearish for medium term)



COPPER


Continue to view Xpect price towards 271-274 Range as long Support of 259. for the day buy abv 263 S/L 261.80 and T/p 264.5-265/Close abv 264.50 seen towards 271-274 Range in coming days OR sell only below 258 S/L 259.5 and T/p 256.5-254 (upside strong rally only on close above 265 while close below 241.75/232/214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Support of 14770-14690 Uptrend seen continue. book profit on buy abv 14825, for the day buy only above 14925 S/L 14890 and T/p 14975/close above 14975 seen towards 15250-15300 range in coming days OR sell only below 14690 S/L 14730 and T/p 14630-570-500 (any time close above 14975/15550/15960/16350 bullish while close below 14375/14100/ 13800 bearish for medium term)



SILVER


Continue to view expect more bounce back as long Support of 22050/21900 & 21700. book profit on buy above 21500/ 21660/22000/22150, for the day buy only above 22400 S/L 22320 and T/p 22550/22700 in coming days OR buy ard 22020-30 S/L 22000 and T/p 22125-22225 (any time close below 21725/ 21100/20250 bearish rally while close above 22400/23000/24150/24725 bullish for medium term)



CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-7-2009 "Sustain above 3075 seen towards 3175-3250 in coming days" & SEE YESTERDAY HIGH=3192 ACHIEVEDDDD. Continue to view Xpect price towards 3250 as long Support of 3120/3070 & 3040. for the day buy abv 3170 S/L 3150 and T/p 3195-3230-3250 OR buy ard 3084-88 S/L 3080 and T/p 3115-3140 (now crude need to close above 3230/3560 for bullish rally while close below 3040/2945/2815/2650/ 2565/2400 bearish for medium term)



COPPER


Continue to view Xpect price towards 271-274 Range as long Support of 257-253. for the day buy abv 262.5 S/L 261.25 and T/p 263.75-265 OR buy ard 254.2-254.5 S/L 254 and T/p 256-258 (upside strong rally only on close above 265 while close below 241.75/232/214.5 bearish for medium term)



MCXARUN
9994500540

Gold Intraday Outlook

U.S. gold futures ended lower after trading in a tight range yesterday as bullion investors looked for a new catalyst from markets outside of the commodities sector to fuel the metal's recent rally amid inflation concerns. But down side was limited due to the dollar weakness. August futures did not fall further as the dollar hit a five-week low against major currencies after strong earnings from JP Morgan tarnished the U.S. currency's safe haven appeal.

But According to the report from U.S. Labour Department, jobless claims were down 47,000 last week to 522,000, the lowest since the first week of 2009. The big drop may have been distorted by unusual activity in the auto industry.

The Philadelphia Federal Reserve's regional index of manufacturing fell from -2.2 to -7.5 in July, weaker than expected.

On Wednesday, Gold rose to a two-week high above $940 an ounce as the dollar tumbled after data showed U.S. consumer prices rose faster than expected in June.

According to the U.S. Labour Department, consumer prices were up 0.7% in June, but down 1.4% from a year ago.

Weekly Outlook (DG. Aug.)

Expected trading range $903 – $920 .Breaking either side may clear the direction. Supports are $934, $948.Supports are $884 $864.

Last day DGCX Gold Aug Traded in the range $939.70-$932.90 and closed at $ 936.90

TECHNICAL OUTLOOK (Intra-day)

GOLD (Aug) - Bullish above $ 938 bearish below $932


MCXARUN
9994500540

safe trade calls!

GOLD

Now Uptrend expect with any close above 14825 & as long support of 14625. for the day buy only above 14825 S/L 14765 and T/p 14860/Close above 14825 seen towards 14950-975 atleast and close above 14975 seen towards 15250-15300 range in coming days OR buy ard 14632-40 S/L 14625 and T/p 14715-745-770, below 14625 Strict avoid Long (any time close above 14825-14975/15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


Continue to view expect more bounce back as long Support of 21700 & 21550. book profit on buy above 21500/21660, for the day buy only above 22000 S/L 21880 and T/p 22100-150/Close above 22000 seen towards 22250-22550 in coming days OR buy ard 21560-575 S/L 21550 and T/p 21700-21800 (any time close below 21100/20250 bearish rally while close above 22000/23000/24150/ 24725 bullish for medium term)


CRUDE


Now Xpect more bounce back on close above 3075 & as long Support of 3000. for the day buy only abv 3075 S/L 3045 and T/p 3110/Sustain above 3075 seen towards 3175-3250 in coming days OR sell only below 3000 S/L 3020 and T/p 2985-2945/Close below down Rally towards 2825 in coming days (now crude need to close above 3075/3230/ 3560 for bullish rally while close below 2945/2815/ 2650/2565/2400 bearish for medium term)


COPPER


for the day buy abv 257.75 & more above 258.30 S/L below 256 and T/p 261-62/Sustain Close abv 258.30 seen towards 271-274 Range atleast in coming days OR sell only below 253.25 S/L 254.30 and T/p 252.25-251.25/ 249.25 (upside strong rally only on close above 258.5 while close below 241.75/232/214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls!

GOLD

Still as long Resistance of 14700 more down side expected. for the day sell below 14580 S/L 14610 and T/p 14550-14500/14440-410-14375/Sustain close below 14375 seen towards 14225-14150 in coming days OR buy only above 14725 S/L 14650 and T/p 14790-825/ towards 14975 in coming days (any time close above 14825-14975/15550/ 15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER

Now expect more bounce back with any close above 21650. book profit on buy above 21500, for the day buy only above 21660 S/L 21580 and T/p 21800-21950 OR sell only below 21450 S/L 21520 and T/p 21375/300, only below 21100 now down trend again (any time close below 21100/20250 bearish rally while close above 22025/23000/24150/24725 bullish for medium term)


CRUDE


Crude oil Weekly Inventory Schedule to release today. Now Expect bounce back only with close above 3000 towards 3050/3115/3180 in coming days. for the day sell below 2900 S/L 2920 and T/p 2880-2850/towards 2800 OR sell ard 2980-85 S/L 2990 and T/p 2960-2945 (now crude need to close above 3165/3510 for bullish rally while close below 2880/2800/2600 bearish for medium term)


COPPER


for the day buy only abv 249 S/L 248 and T/p 250-251.25/Close abv 251.25 seen towards 253.5/257 in coming days OR sell below 247 S/L 248.5 and T/p 245/242.5 (upside strong rally only on close above 251.25/258.5 while close below 238.75/232/214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance of 14625 & 14675 more down side expected. for the day sell below 14550 S/L 14585 and T/p 14490-14440-410-14375/Sustain close below 14375 seen towards 14225-14150 in coming days OR sell ard 14730-740 S/L 14750 and T/p 14680-14625, above 14750 avoid short sell (any time close above 14825-14975/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


PRICE TURN EXACT FROM OUR GIVEN LEVEL BOTH SIDES AS OUR S1-21100 & DAYS LOW=21103 AND OUR R1-21450 & SEE PRICE TURN FROM DAYS HIGH=21446. for the day buy only above 21500 S/L 21400 and T/p 21600/21800 atleast OR buy ard 21140-150 S/L 21100 and T/p 21260-21350, only below 21100 now down trend again (any time close below 21100/20250 bearish rally while close above 22025/23000/24150/24725 bullish for medium term)


CRUDE


PRICE TURN EXACT FROM OUR GIVEN RESISTANCE=2980 AS DAYS HIGH ALSO 2980. Now Expect bounce back only with close above 2980 towards 3050/3115/3180 in coming days. for the day sell below 2905 S/L 2925 and T/p 2880/2850 towards 2810 OR buy only abv 2980 S/L 2960 and T/p 3010/3050 (now crude need to close above 3165/3510 for bullish rally while close below 2880/2800/2600 bearish for medium term)


COPPER


Continue to view as long Resistance of 243 & 246.5 down trend seen continue. for the day sell below 239 S/L 240.3 and T/p 238-236.5-234.75/232/Close below seen new down rally OR sell ard 246.1-246.3 S/L 246.5 and T/p 244-242. above 246.5 avoid short sell (upside strong rally only on close above 246.5/251.25/ 258.5 while close below 232/ 214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls

GOLD


Continue to view as long Resistance of 14625 & 14675 more down side expected. we book profit on sell below 14520/14480, fresh sell below 14430 S/L 14465 and T/p 14410-14375/ Sustain close below 14375 seen towards 14225-14150 in coming days OR sell ard 14660-670 S/L 14675 and T/p 14590-530, above 14675 avoid short sell (any time close above 14825-14975/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER

Continue to view as long Resistance of 21800 & 21900 down trend seen continue. for the day sell below 21425 S/L 21480 and T/p 21370-325/Sustain below 21325 seen towards 21100-20900 in coming days OR sell ard 21870-880 S/L 21900 and T/p 21800-21700, abv 21900 avoid short sell (any time close below 21325/20825/20250 bearish rally while close above 22025/23000/24150/ 24725 bullish for medium term)


CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-6-2009 "Sustain close below 3375 expect price towards 3240-3150-3060 in coming days" AND THIS WAS IN REPORT Dt. 8-7-2009 "Sustain close below 3050 seen towards 2900" & SEE YESTERDAY LOW=2911 ALMOST ACHIEVEDDD. Continue to view as long Resistance of 2980 & 3010 down trend seen continue. book profit on sell below 2975, for the day sell only below 2925 S/L 2950 and T/p 2900-2875 OR sell ard 3000-3005 S/L 3010 and T/p 2980-2960 (now crude need to close above 3165/3510 for bullish rally while close below 2900/2800/2600 bearish for medium term)



COPPER


Continue to view as long Resistance of 243 down trend seen continue. for the day sell below 239.75 S/L 241 and T/p 238-236.5-234.75/232/Close below seen new down rally OR sell ard 246.1-246.3 S/L 246.5 and T/p 244-242 (upside strong rally only on close above 246.5/ 251.25/258.5 while close below 232/ 214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls

GOLD


Continue to view as long Resistance of 14625 & 14675 more down side expected. we book profit on sell below 14520/14480, fresh sell below 14430 S/L 14465 and T/p 14410-14375/ Sustain close below 14375 seen towards 14225-14150 in coming days OR sell ard 14660-670 S/L 14675 and T/p 14590-530, above 14675 avoid short sell (any time close above 14825-14975/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER

Continue to view as long Resistance of 21800 & 21900 down trend seen continue. for the day sell below 21425 S/L 21480 and T/p 21370-325/Sustain below 21325 seen towards 21100-20900 in coming days OR sell ard 21870-880 S/L 21900 and T/p 21800-21700, abv 21900 avoid short sell (any time close below 21325/20825/20250 bearish rally while close above 22025/23000/24150/ 24725 bullish for medium term)


CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-6-2009 "Sustain close below 3375 expect price towards 3240-3150-3060 in coming days" AND THIS WAS IN REPORT Dt. 8-7-2009 "Sustain close below 3050 seen towards 2900" & SEE YESTERDAY LOW=2911 ALMOST ACHIEVEDDD. Continue to view as long Resistance of 2980 & 3010 down trend seen continue. book profit on sell below 2975, for the day sell only below 2925 S/L 2950 and T/p 2900-2875 OR sell ard 3000-3005 S/L 3010 and T/p 2980-2960 (now crude need to close above 3165/3510 for bullish rally while close below 2900/2800/2600 bearish for medium term)



COPPER


Continue to view as long Resistance of 243 down trend seen continue. for the day sell below 239.75 S/L 241 and T/p 238-236.5-234.75/232/Close below seen new down rally OR sell ard 246.1-246.3 S/L 246.5 and T/p 244-242 (upside strong rally only on close above 246.5/ 251.25/258.5 while close below 232/ 214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance of 14625 & 14675 more down side expected. we book profit on sell below 14520, fresh sell below 14480 S/L 14515 and T/p 14455-14410-14375/ Sustain below seen towards 14225-14150 in coming days OR sell ard 14660-670 S/L 14675 and T/p 14590-530, above 14675 avoid short sell (any time close above 14825-14975/15550/ 15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER

Continue to view as long Resistance of 21800 & 21975 down trend seen continue. for the day sell only below 21450 S/L 21560 and T/p 21300/Sustain close below 21450 seen towards 21100-20900 in coming days OR sell ard 21780-800 S/L 21810 and T/p 21700-21600 (any time close below 21450/ 20825/20250 bearish rally while close above 23000/24150/24725 bullish for medium term)


CRUDE


THIS WAS OUR VIEW IN REPORT Dt. 17-6-2009 "Sustain close below 3375 expect price towards 3240-3150-3060 in coming days" & SEE YESTERDAY LOW=2976 ACHIEVEDDD. Continue to view as long Resistance of 3040 & 3085 down trend seen continue. for the day sell below 2975 S/L 2995 and T/p 2950/ towards 2900 in coming days OR sell ard 3075-80 S/L 3085 and T/p 3040-3020 (now crude need to close above 3165/3510 for bullish rally while close below 2900/2800/2600 bearish for medium term)


COPPER


THIS WAS OUR VIEW IN REPORT Dt. 7-7-09 "Still as long Resistance of 244 & 246.5 more down side expected" & SEE PRICE TURN FROM HIGH EXACT=246.5 ON SAME DAY AND NOW FALL TOWARDS LOW= 234.7 YESTERDAY. Continue to view as long Resistance of 240 & 243 down trend seen continue. for the day sell below 238 S/L 239.5 and T/p 237-26-234.75/232/Close below seen new down rally OR sell ard 241-241.3 S/L 241.5 and T/p 239.75-238 (upside strong rally only on close above 246.5/251.25/258.5 while close below 232/214.5 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance of 14625 & 14675 more down side expected. for the day sell only below 14520 S/L 14560 and T/p 14460-14410-14375/Sustain below seen towards 14225-14150 in coming days OR sell ard 14660-670 S/L 14675 and T/p 14590-530, above 14675 avoid short sell (any time close above 14825-14975/ 15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


Continue to view as long Resistance of 21975 & 22200 down trend seen continue. for the day sell below 21700 S/L 21780 and T/p 21620/21525-475/ Sustain close below seen towards 21100-20900 in coming days OR buy only abv 22025 S/L 21900 and T/p 22130/22300 (any time close below 21475/20825/20250 bearish rally while close above 23000/24150/24725 bullish for medium term)



CRUDE


PRICE TURN BOTH SIDE EXACT FROM OUR GIVEN LEVELS. THIS WAS OUR VIEW IN REPORT Dt. 17-6-2009 "Sustain close below 3375 expect price towards 3240-3150-3060 in coming days" & SEE YESTERDAY LOW=3051 ACHIEVEDDD. Continue to view as long Resistance of 3115 & 3165 down trend seen continue. book profit on sell below 3090, for the day sell below 3050 S/L 3070 and T/p 3030/ Sustain close below 3050 seen towards 2900 in coming days OR sell ard 3135-40 S/L 3145 and T/p 3100-3085 (now crude need to close above 3510 for bullish rally while close below 3050/ 2900/2800/2600 bearish for medium term)


COPPER


THIS WAS OUR VIEW YESTERDAY "Still as long Resistance of 244 & 246.5 more down side expected" & SEE PRICE TURN FROM HIGH EXACT=246.5 AND FALL SHARPLY TOWARDS LOW=239.5. Continue to view as long Resistance of 244 & 246.5 down trend seen continue. book profit on sell below 241.5, for the day sell below 239.5 S/L 241 and T/p 237.5/ 236.75/towards 233 OR sell ard 245.7-245.8 S/L 246 and T/p 243.5-242 (upside strong rally only on close above 246.5/251.25/258.5 while close below 232/214.5 bearish for medium term)


MCXARUN
9994500540

safe trade calls

GOLD

Continue to view as long Resistance of 14625 & 14675 more down side expected. for the day sell only below 14400 S/L 14450 and T/p 14375/Sustain below seen towards 14225-14150 in coming days OR sell ard 14660-670 S/L 14675 and T/p 14590-530, above 14675 avoid short sell (any time close above 14825-14975/15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


Continue to view as long Resistance of 21950 & 22200 down trend seen continue. for the day sell below 21600 S/L 21700 and T/p 21525-475/Sustain close below seen towards 21100-20900 in coming days OR sell ard 22020-30 S/L 22050 and T/p 21900-21800-21700 (any time close below 21475/20825/ 20250 bearish rally while close above 23000/24150/24725 bullish for medium term)


CRUDE

THIS WAS OUR VIEW IN REPORT Dt.1-7-2009 "Still Broad Range seen between 3510 & 3310 break will decide fresh direction" & SEE PRICE BREAK 3310 SAME DAY & SEE YESTERDAY LOW=3097. Continue to view as long Resistance of 3165/3200 & 3245 down trend seen continue. for the day sell below 3090 S/L 3110 and T/p 3070-3050 atleast/towards 2985 in coming days OR 3180-85 S/L 3190 and T/p 3165-3150 (now crude need to close above 3510 for bullish rally while close below 3095/2900/2800/2600 bearish for medium term)


COPPER

Still as long Resistance of 244 & 246.5 more down side expected. for the day sell below 241.5 S/L 243 and T/p 239.5/ 237.5/236.75/towards 233 OR sell ard 246.1-246.3 S/L 246.5 and T/p 245-243.5 (upside strong rally only on close above 251.25/258.5 while close below 232/214.5 bearish for medium term)


MCXARUN
9994500540

Crude Intraday Outlook

U.S. crude oil futures ended lower for the fourth day in a row on Monday as economic concerns reflected in dismal jobs data, tepid demand and rising fuel inventories pressured the oil markets. Last week, the Labor Department said U.S. employers cut 467,000 jobs in June, while the unemployment rate rose to 9.5 percent, the highest level since August 1983.

The Institute for Supply Management's services index rose to 47.0 last month from 44.0 in May, above economists' forecast.

But at the same time, Nigerian militants said they sabotaged a Chevron oil facility and seized a chemical tanker and six crew members. The Movement for the Emancipation of the Niger Delta said it attacked Chevron's facility on Sunday; hours after it sabotaged a Royal Dutch Shell operated oil well.

In a report, several U.S. buyers of Saudi crude told Reuters on Monday that Saudi Arabia plans to keep oil shipments to the U.S. unchanged in August.

In the last week, Oil dropped below $66.5 a barrel as unemployment data hardened views economic weakness would sap energy demand. In the latest sign the economy of the world's top consumer was still struggling, data on Thursday showed U.S. employers cut 467,000 jobs in June and the jobless rate rose to a 26-year high. Euro zone unemployment climbed to a 10-year high.

Report from JP Morgan on Friday also affected the oil prices .According to the report it expected oil prices to correct to about $60 a barrel or lower.

Weekly outlook (DWTI: July)

Supports are $ 64.95, $59.53and $56.12. Resistances are $70.60, $72.94 and $74.01.

DWTI (July) traded in the range $65.31-63.41 and closed at $64.05

TECHNICAL OUTLOOK (Intra-day)

DGCX Crude (July) - Bullish above $ 64.80 Bearish below $64.00



MCXARUN
9994500540

Gold Intraday Outlook

U.S. gold futures fell toward $920 an ounce yesterday as tumbling crude oil prices reinforced the view that inflation was nowhere imminent, weighing on bullion's appeal as a store of value.

U.S. crude oil futures ended lower for the fourth day in a row on Monday as economic concerns reflected in dismal jobs data, tepid demand and rising fuel inventories pressured the oil markets. Oil prices fell to a five-week low around $64 a barrel on doubts over a prompt recovery of the global economy, hurting gold's inflation hedge appeal.

India's gold imports in June were likely around 8 to 10 tonnes, down from 24 tonnes the same month a year ago - Bombay Bullion Association.

The Bombay Bullion Association said demand for gold and silver from India, the world's biggest bullion consumer, is likely to be pressured further this year by an increase in import duty in the budget for 2009/10. India's doubling of import duty on gold and silver is likely to encourage recycling of the metals locally in what could continue to keep imports subdued for the rest of this year also affected the bullion movements .

At the same time, the world's largest gold-backed exchange-traded fund, the SPDR Gold Trust, said holdings stood at 1,120.19 tonnes as of July 6, down 0.36 tonnes or 0.03 percent from the previous business day.

Holdings in the trust, which issues securities backed by physical stocks of gold, have declined in the past few weeks as growing optimism about the global economy sapped investors' appetite for bullion as a safe-haven asset.

Weekly Outlook (DG. Aug.)

Supports are $920, 912 and 900 Resistances are 948, 965 and 986

Last day DGCX Gold Aug Traded in the range $931.40-$920.60 and closed at $ 923.90

TECHNICAL OUTLOOK (Intra-day)

GOLD (Aug) - Bullish above $ 927 bearish below $920


MCXARUN
9994500540

safe trade calls

GOLD

As US market remain Closed today, Thin volatility expected and price seen in trading Range only. Continue to view as long Resistance of 14625 & 14675 more down side expected. for the day sell below 14400 S/L 14440 and T/p 14375/Sustain below seen towards 14225-14150 in coming days OR sell ard 14660-670 S/L 14675 and T/p 14590-530 (any time close above 14825-14975/ 15550/15960/16350 bullish while close below 14375/14100/ 13800 bearish for medium term)


SILVER


THIS WAS OUR VIEW IN REPORT Dt.26-6-09 "as long Resistance of 22700 & 22900 down trend seen continue" & SEE PRICE TURN FROM HIGH=22793 ON THAT DAY & SEE YESTERDAY LOW=21250. Continue to view as long Resistance of 21800 & 21900 down trend seen continue. book profit on sell below 21600, for the day sell only below 21250 S/L 21350 and T/p 21000/20900 OR sell ard 21770-780 S/L 21800 and T/p 21700-21600 (any time close below 21250/20700/19950 bearish rally while close above 22500/23350/24700 bullish for medium term)


CRUDE


Continue to view as long Resistance of 3335 down trend seen continue. book profit on sell below 3330/3290, fresh sell below 3215 S/L 3235 and T/p 3190-3150/towards 3050 atleast in coming weeks OR sell ard 3292-95 S/L 3300 and T/p 3270-3250 (now crude need to close above 3510 for bullish rally while close below 3215/3140/ 2900/2800/2600 bearish for medium term)


COPPER


Continue to view, expect range bounce movement between 239 & 251.25, break will seen sharp Rally. book profit on sell below 245, for the day sell below 243 S/L 244.5 and T/p 241.50-239.25/below towards 236.75-233 in coming days OR buy only abv 250.5 & more abv 251.25 S/L 249.5 and T/p 253.50/256.5/258 in coming days (upside strong rally only on close above 251.25/258.5 while close below 232/ 214.5 bearish for medium term)



MCXARUN
9994500540

safe trade calls

GOLD

As US market remain Closed tomorrow (friday) Price seen in trading Range only. Continue to view as long Resistance of 14625 & 14675 more down side expected. for the day sell below 14475 S/L 14510 and T/p 14425-400-14375/Sustain below seen towards 14225-14150 in coming days OR sell ard 14660-670 S/L 14675 and T/p 14590-530 (any time close above 14825-14975/ 15550/15960/16350 bullish while close below 14375/14100/ 13800 bearish for medium term)


SILVER


THIS WAS OUR VIEW IN REPORT Dt.26-6-09 "as long Resistance of 22700 & 22900 down trend seen continue" & SEE PRICE TURN FROM HIGH=22793 ON THAT DAY & SEE YESTERDAY LOW=21630. Continue to view as long Resistance of 21900 & 22050 down trend seen continue. for the day sell only below 21600 S/L 21700 and T/p 21500-21450/Sustain Close below 21600 seen towards 21300 & 20900 in coming days OR sell ard 22070-22080 S/L 22100 and T/p 21900-21800 (any time close below 21600/ 20700/19950 bearish rally while close above 22500/23350/24700 bullish for medium term)


CRUDE


No expect down trend to continue with close below 3290-3250, book profit on sell below 3330, fresh sell below 3290 S/L 3320 and T/p 3260-50/Close below 3250 seen towards 3150-3050 atleast in coming weeks OR sell ard 3375-80 S/L 3385 and T/p 3350-3325 (now crude need to close above 3510 for bullish rally while close below 3255/3140/ 2900/2800/2600 bearish for medium term)


COPPER


Continue to view, expect range bounce movement between 239 & 251.25, break will seen sharp Rally. for the day sell below 245 S/L 246.5 and T/p 243.50-241.50-239.25/below towards 236.75-233 in coming days OR buy only abv 250.5 & more abv 251.25 S/L 249.5 and T/p 253.50/256.5/258 in coming days (upside strong rally only on close above 251.25/258.5 while close below 232/ 214.5 bearish for medium term)



MCXARUN
9994500540