Monday, January 9, 2012

Free Commodity Trading Tips for Today

Gold:
Few volatility was seen during last week, which results in it making a low of 27272 and high of 27945.54, and finally closed at 27765.85. The whole short-term trend is positive and decline to buy side as long as holds 27502-27201, higher-level stiff resistance at 28250-28300 and fresh buying only above that level. Reversal to sell side.
Trend Decider of this week: 27757.

Silver:
As per mentioned last week, 53501-54100.25 are a stiff resistance and reversal was seen, and finally it made a low of 51000 and succeeded to close below 52001. Now in this week, consider resistance at 53000-53500.36, reversal to sell side. As long as below 54500, downside target 45000 cannot be ruled out.
Trend Decider of this week: 52120.85.

Crude:
In the Last week it made a high of 5498.85 and a low 5283.12. As long as holds 5350.21, positive bias to continue.
Trend Decider of this week: 5381.11

Copper:
In the last week it was mentioned that above 408.12, it will move up to 415, then it again a downslide was seen and made a low of 398.80. In this week, consider resistance at 410.11-416 and reversal to sell side.
Trend Decider of this week: 405.12.

Natural Gas:
Sell on rise below 170.15-172, downside target at 155-144.

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