COPPER
LIKELY TO TEST 175 ATLEAST / TOWARDS 168 WITH ANY BREAK & CLOSE BELOW 188.5, ONLY CLOSE ABOVE 248.5/270 SOME UPSIDE AGAIN(NOV)
ZINC
LIKELY TO TEST 52/UPTO 49 WITH ANY BREAK & CLOSE BELOW 55,(NOV)
LEAD
LIKELY TO TEST 54-50 WITH ANY BREAK & CLOSE BELOW 58 (NOV)
ALUMINUM
LIKELY TO TEST 91-190 WITH ANY BREAK & CLOSE BELOW 95.5, ONLY CLOSE ABOVE 112 SOME UPSIDE AGAIN(NOV)
NICKEL
LIKELY TO TEST 430 / TOWARDS 400 WITH ANY BREAK & CLOSE BELOW 465, ONLY CLOSE ABOVE 672 SOME UPSIDE AGAIN(NOV)
MCXARUN
9994500540
Wednesday, October 29, 2008
Thursday, October 23, 2008
safe trade calls
GOLD
SINCE IT BREAKS 12850 WE DAILY RECOMMEND DOWN TREND & SEE PRICE NOW. THIS WAS OUR WORDS ON DAYBEFORE YESTERDAY "sustain below 12400 test 12050 atleast" ACHIEVED AS DAYS LOW=11758. Continue to view, as long Resistance of 12225 & 12350, down trend likely to continue. book profit on sell below 12570/12300, for the day sell below 11750 S/L 11790 and T/p 11700/650 OR sell ard 12200-210 S/L 12225 and T/p 12100-12050(any time close above 12850/13600/14325 bullish while close below 11750/11250 bearish for medium term)
SILVER
Continue to view as long Resist 17375 & 17750 down trend likely to continue. book profit on sell below 17500, fresh sell below 17075 S/L 17175 and T/p 17000/16850/sustain close below test 16450-400 atleast/towards 16000 in coming days OR sell ard 17570-580 S/L 17600 and T/p 17500-430 (any time close below 16850 bearish rally while close above 17750/19000/20550/21400/ 22150/ 25250/26350/27475/28000 bullish for medium term)
CRUDE
Continue to view, as long Resist 3525 & 3575, down trend likely to continue. book profit on sell below 3535, for the day sell only below 3370 S/L 3400 and T/p 3340/towards 3280-3300 in coming days OR sell ard 3500-3510 S/L 3520 and T/p 3475-50 (now crude need to close above 3765/4120/4400/4800/ 5000/5290 for bullish rally while close below 3370 bearish for medium term)
MCXARUN
9994500540
SINCE IT BREAKS 12850 WE DAILY RECOMMEND DOWN TREND & SEE PRICE NOW. THIS WAS OUR WORDS ON DAYBEFORE YESTERDAY "sustain below 12400 test 12050 atleast" ACHIEVED AS DAYS LOW=11758. Continue to view, as long Resistance of 12225 & 12350, down trend likely to continue. book profit on sell below 12570/12300, for the day sell below 11750 S/L 11790 and T/p 11700/650 OR sell ard 12200-210 S/L 12225 and T/p 12100-12050(any time close above 12850/13600/14325 bullish while close below 11750/11250 bearish for medium term)
SILVER
Continue to view as long Resist 17375 & 17750 down trend likely to continue. book profit on sell below 17500, fresh sell below 17075 S/L 17175 and T/p 17000/16850/sustain close below test 16450-400 atleast/towards 16000 in coming days OR sell ard 17570-580 S/L 17600 and T/p 17500-430 (any time close below 16850 bearish rally while close above 17750/19000/20550/21400/ 22150/ 25250/26350/27475/28000 bullish for medium term)
CRUDE
Continue to view, as long Resist 3525 & 3575, down trend likely to continue. book profit on sell below 3535, for the day sell only below 3370 S/L 3400 and T/p 3340/towards 3280-3300 in coming days OR sell ard 3500-3510 S/L 3520 and T/p 3475-50 (now crude need to close above 3765/4120/4400/4800/ 5000/5290 for bullish rally while close below 3370 bearish for medium term)
MCXARUN
9994500540
Wednesday, October 22, 2008
safe trade calls
GOLD
PRICE TURN ALMOST FRO OUR GIVEN RESISTANCE=12760 AS DAYS HIGH=12748. Continue to view, as long Resistance of 12750 & 12850, down trend likely to continue. book profit on sell below 12570, for the day sell below 12300 S/L 12340 and T/p 12240-200/towards 12050 in coming days OR sell ard 12535-545 S/L 12555 and T/p 12490-460/ (any time close above 12850/13600/14325 bullish while close below 12300/11775/ 11250 bearish for medium term)
SILVER
Now as long Resist 17750, down trend likely to continue. for the day sell below 17500 S/L 17575 and T/p 17390-400/ 17250/17150/sustain below towards 16900 OR buy only abv 17575 S/L 17475 and T/p 17700-800 (any time close below 16850 bearish rally while close above 19000/20550/21400/22150/ 25250/26350/27475/28000 bullish for medium term)
CRUDE
Crude oil Inventory schedule to release today. Now as long Resist 3740-3770, down trend likely to continue. for the day sell below 3535 S/L 3560 and T/p 3490-3500/towards 3440/sustain close below 3440 test 3280-3300 atleast in coming days OR sell ard 3665-70 S/L 3675 and T/p 3635-3610 (now crude need to close above 3765/4120/4400/ 4800/5000/5290 for bullish rally while close below 3440 bearish for medium term)
COPPER
Continue to view as long Resistance of 238 & 248 down trend likely to continue. book profit on sell below 238/234.5, for the day sell below 224 S/L 226.5 and T/p 220-21 towards 215 OR sell ard 236-236.5 S/L 237 and T/p 232.2-231(upside strong rally only on close above 248/270/305/316/327/339/351.25/ 360.5/387/398 while close below 224 bearish for medium term)
MCXARUN
9994500540
PRICE TURN ALMOST FRO OUR GIVEN RESISTANCE=12760 AS DAYS HIGH=12748. Continue to view, as long Resistance of 12750 & 12850, down trend likely to continue. book profit on sell below 12570, for the day sell below 12300 S/L 12340 and T/p 12240-200/towards 12050 in coming days OR sell ard 12535-545 S/L 12555 and T/p 12490-460/ (any time close above 12850/13600/14325 bullish while close below 12300/11775/ 11250 bearish for medium term)
SILVER
Now as long Resist 17750, down trend likely to continue. for the day sell below 17500 S/L 17575 and T/p 17390-400/ 17250/17150/sustain below towards 16900 OR buy only abv 17575 S/L 17475 and T/p 17700-800 (any time close below 16850 bearish rally while close above 19000/20550/21400/22150/ 25250/26350/27475/28000 bullish for medium term)
CRUDE
Crude oil Inventory schedule to release today. Now as long Resist 3740-3770, down trend likely to continue. for the day sell below 3535 S/L 3560 and T/p 3490-3500/towards 3440/sustain close below 3440 test 3280-3300 atleast in coming days OR sell ard 3665-70 S/L 3675 and T/p 3635-3610 (now crude need to close above 3765/4120/4400/ 4800/5000/5290 for bullish rally while close below 3440 bearish for medium term)
COPPER
Continue to view as long Resistance of 238 & 248 down trend likely to continue. book profit on sell below 238/234.5, for the day sell below 224 S/L 226.5 and T/p 220-21 towards 215 OR sell ard 236-236.5 S/L 237 and T/p 232.2-231(upside strong rally only on close above 248/270/305/316/327/339/351.
MCXARUN
9994500540
GENERAL MARKET CONDITIONS
Are base metals worth investing for a long time?
Most of the base metals have fallen over thirty percent over the year. Aluminum has fallen least while nickel has fallen the most among the base metals. Even the invincible copper has crashed in the past two months. Base metals and industrials are dependent on global economic growth, particularly China. 2008 Chinese GPP growth is expected to be the slowest in the past five years to 9.50%. China has been the biggest consumer of base metals. If there is further evidence of a slowdown in Chinese growth in the rest of 2008 then base metals can get further hammering.
The current bear phase in base metals is a part and parcel of a long term bull rally which may last for two to three quarters. Value based buying at lower levels and restocking by end users will ensure that the long term Bull Run continues. The clear picture will emerge only at the beginning of the 2009.
In the short term for base metals to rise the following conditions need to be fulfilled:
* Equity markets rally.
* Liquidity conditions improve.
* Most of the base metals are highly oversold. So a technical bounce can happen anytime while maintaining the bear trend.
* Chinese demand improves. Unless Chinese improves the rallies in base metals will be fake.
* Outlook for 2009 global growth stabilizes.
Silver has risen on a rise in physical demand while gold and energies fell on US dollar gains. Various central banks are taking further steps to calm the negative investor sentiment. There is lack of major market moving news today except for the US weekly crude oil inventories. The US dollar has been gaining on expectations that other central banks will cut interest rates faster than US. This trend may continue for a few more weeks.
COMEX COPPER DECEMBER
Copper needs to hold $195 to prevent a fall to $173. Highly oversold conditions exist. On the higher side copper needs to break $228 to find intra day buyers.
MCXARUN
9994500540
Most of the base metals have fallen over thirty percent over the year. Aluminum has fallen least while nickel has fallen the most among the base metals. Even the invincible copper has crashed in the past two months. Base metals and industrials are dependent on global economic growth, particularly China. 2008 Chinese GPP growth is expected to be the slowest in the past five years to 9.50%. China has been the biggest consumer of base metals. If there is further evidence of a slowdown in Chinese growth in the rest of 2008 then base metals can get further hammering.
The current bear phase in base metals is a part and parcel of a long term bull rally which may last for two to three quarters. Value based buying at lower levels and restocking by end users will ensure that the long term Bull Run continues. The clear picture will emerge only at the beginning of the 2009.
In the short term for base metals to rise the following conditions need to be fulfilled:
* Equity markets rally.
* Liquidity conditions improve.
* Most of the base metals are highly oversold. So a technical bounce can happen anytime while maintaining the bear trend.
* Chinese demand improves. Unless Chinese improves the rallies in base metals will be fake.
* Outlook for 2009 global growth stabilizes.
Silver has risen on a rise in physical demand while gold and energies fell on US dollar gains. Various central banks are taking further steps to calm the negative investor sentiment. There is lack of major market moving news today except for the US weekly crude oil inventories. The US dollar has been gaining on expectations that other central banks will cut interest rates faster than US. This trend may continue for a few more weeks.
COMEX COPPER DECEMBER
Copper needs to hold $195 to prevent a fall to $173. Highly oversold conditions exist. On the higher side copper needs to break $228 to find intra day buyers.
MCXARUN
9994500540
important news
see our important charts for long term. that we post on 20.10.08.
our first target hit, market nearly in second target in gold.
use the valuable tips and get profit
http://tradeinmetals.blogspot.com/2008/10/important-charts_20.html
MCXARUN
9994500540
our first target hit, market nearly in second target in gold.
use the valuable tips and get profit
http://tradeinmetals.blogspot.com/2008/10/important-charts_20.html
MCXARUN
9994500540
Tuesday, October 21, 2008
safe trade calls
GOLD
Continue to view, as long Resistance of 12850/13225-310 & 13400, down trend likely to continue. for the day sell below 12570 S/L 12600 and T/p 12540-500/ 12450-12400/sustain close below test 12050 in coming days OR sell ard 12835-40 S/L 12850 and T/p 12790-750 (any time close above 13600/14325 bullish while close below 12400/11775/ 11250 bearish for medium term)
SILVER
for the day sell below 17475 S/L 17525 and T/p 27400-280/17150/sustain below towards 16900 OR sell ard 17990-18010 S/L 18025 and T/p 17850-750 (any time close below 16850 bearish rally while close above 19000/20550/21400/22150/ 25250/26350/27475/28000 bullish for medium term)
CRUDE
our S/L hit on buy call, for the day buy only abv 3770 S/L 3750 and T/p 3800-3850 OR buy ard 3600-3605 S/L 3590 and T/p 3645-3670 (now crude need to close above 3705/4120/4400/4800/ 5000/5290 for bullish rally while close below 3440 bearish for medium term)
COPPER
as long Resistance of 244.5 & 248 down trend likely to continue. book profit on sell below 238, for the day sell below 234.5 S/L 236 and T/p 232/228/ 225/sustain close below 225 towards 215-220 Range in coming days OR sell ard 244.4-244.75 S/L 345 and T/p 243-240 (upside strong rally only on close above 270/305/316/327/339/351.25/ 360.5/387/398 while close below 225 bearish for medium term)
MCXARUN
9994500540
Continue to view, as long Resistance of 12850/13225-310 & 13400, down trend likely to continue. for the day sell below 12570 S/L 12600 and T/p 12540-500/ 12450-12400/sustain close below test 12050 in coming days OR sell ard 12835-40 S/L 12850 and T/p 12790-750 (any time close above 13600/14325 bullish while close below 12400/11775/ 11250 bearish for medium term)
SILVER
for the day sell below 17475 S/L 17525 and T/p 27400-280/17150/sustain below towards 16900 OR sell ard 17990-18010 S/L 18025 and T/p 17850-750 (any time close below 16850 bearish rally while close above 19000/20550/21400/22150/ 25250/26350/27475/28000 bullish for medium term)
CRUDE
our S/L hit on buy call, for the day buy only abv 3770 S/L 3750 and T/p 3800-3850 OR buy ard 3600-3605 S/L 3590 and T/p 3645-3670 (now crude need to close above 3705/4120/4400/4800/ 5000/5290 for bullish rally while close below 3440 bearish for medium term)
COPPER
as long Resistance of 244.5 & 248 down trend likely to continue. book profit on sell below 238, for the day sell below 234.5 S/L 236 and T/p 232/228/ 225/sustain close below 225 towards 215-220 Range in coming days OR sell ard 244.4-244.75 S/L 345 and T/p 243-240 (upside strong rally only on close above 270/305/316/327/339/351.25/ 360.5/387/398 while close below 225 bearish for medium term)
MCXARUN
9994500540
long view calls
SPOT GOLD INTERNATIONAL
LIKELY TO TEST $ 750/735 WITH ANY BREAK & CLOSE BELOW $ 770... AND CLOSE BELOW $ 725 BEARISH FOR MEDIUM 2 LONG TERM WHILE ONLY CLOSE ABOVE $ 856 & 831 BULLISH RALLY AGAIN TOWARDS $ 1000 IN COMING DAYS
SPOT SILVER INTERNATIONAL
LIKELY TO TEST $ 8.50 - $ 8 WITH ANY BREAK & CLOSE BELOW $ 9.05... WHILE ONLY CLOSE ABOVE $ 12.30 & $ 14 BULLISH RALLY AGAIN TOWARDS $ 16.50 / 17.75 IN COMING DAYS
ZINC
LIKELY TO TEST 56-55 TOWARDS 52 WITH ANY BREAK & CLOSE BELOW 58.5 (NOV)
LEAD
LIKELY TO TEST 65-62 WITH ANY BREAK & CLOSE BELOW 68 (NOV)
MCXARUN
9994500540
LIKELY TO TEST $ 750/735 WITH ANY BREAK & CLOSE BELOW $ 770... AND CLOSE BELOW $ 725 BEARISH FOR MEDIUM 2 LONG TERM WHILE ONLY CLOSE ABOVE $ 856 & 831 BULLISH RALLY AGAIN TOWARDS $ 1000 IN COMING DAYS
SPOT SILVER INTERNATIONAL
LIKELY TO TEST $ 8.50 - $ 8 WITH ANY BREAK & CLOSE BELOW $ 9.05... WHILE ONLY CLOSE ABOVE $ 12.30 & $ 14 BULLISH RALLY AGAIN TOWARDS $ 16.50 / 17.75 IN COMING DAYS
ZINC
LIKELY TO TEST 56-55 TOWARDS 52 WITH ANY BREAK & CLOSE BELOW 58.5 (NOV)
LEAD
LIKELY TO TEST 65-62 WITH ANY BREAK & CLOSE BELOW 68 (NOV)
MCXARUN
9994500540
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