safe trade calls

GOLD

FOMC MEETING DUE ON 23-24 JUNE 2009. Continue to view as long Resistance 14650 & 14725 down trend seen continue. for the day sell below 14450 S/L 14490 and T/p 14380/14350-225 & 14150 in coming days OR sell ard 14715-725 S/L 14730 and T/p 14650-14580 (any time close above 14975/15550/15960/16350 bullish while close below 14375/14100/13800 bearish for medium term)


SILVER


Continue to view as long Resistance of 22925 & 23300 down trend seen continue. for the day sell below 22575 S/L 22675 and T/p 22475-400/sustain below seen towards 22125 & break below 22125 seen towards 21700 in coming days OR sell ard 23070-23080 S/L 23100 and T/p 22925-22825 (any time close below 22400/21625/20700/ 19950 bearish rally while close above 23350/24700 bullish for medium term)



CRUDE


THIS WAS OUR WORDS "as long Resistance of 3510 again down side expected" & SEE PRICE TURN FRO HIGH=3507 ON FRIDAY TO FALL SHARPLY TOWARDS 3367 LAST. Continue to view as long Resistance of 3435 & 3485 again down side expected & close below 3360 seen down trend for short term. book profit on sell below 3455, for the day sell only below 3360 S/L 3385 and T/p 3335-3320/ Sustain close below 3360 expect price towards 3240-3150-3060 in coming weeks OR sell ard 3460-65 S/L 3470 and T/p 3435-3410 (now crude need to close above 3510 for bullish rally while close below 3360/3230/3140/2900/2800/2600 bearish for medium term)


COPPER


THIS WAS OUR WORDS "as long Resistance 242.75/244.5 down trend seen continue" & SEE PRICE TURN FROM HIGH EXACT 243.80. Continue to view, as long Resistance 242.75/ 244.5 down trend seen continue towards 234.75/230 in coming days. for the day sell below 238.5 S/L 240.5 and T/p 236.5/235/close below 236.50 seen towards 231-230 in coming days OR sell ard 244-244.3 S/L 244.5 and T/p 242.5-240 (upside strong rally only on close above 257 while close below 229.75/221/212.5/199/182 bearish for medium term)


MCXARUN
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