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
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