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