MARKET UPDATE

 

 

GOLD NOW TRADING AT 1365 $ . NEXT SUPPORT IS SEEING AT 1395-1400 $ LEVEL.

DAILY RSI LEVEL AT 68

STOCH. AT 88

STRATEGY :- SELL ON RISE NEAR 1400$

 

 

 

LIGHT SWEET CRUDE OIL NOW TRADING AT 107.46. IMMEDIATE SUPPORT SEEING AT 108 $. BREAK OF 108 $ CAN TAKE CRUDE TO 110 $.

 

GOLD NOW TRADING AT 30300. ITS ABOVE ALL SUPPORT AREAS AND ARE LIKELY TO TOUCH NEXT RESISTANCE SEEING AT 30800-31100 IN COMING WEEKS.

STRATEGY :- SELL ON RISE NEAR 31000 FOR A TARGET OF 29500 OR BELOW.

 

 

 

 

COPPER NOW TRADING AT 462 LEVEL.

DAILY RSI IS OVERBOUGHT AT 83.

STRATEGY :- SELL BELOW 458 FOR A TARGET OF 448 –435.