VIEW ON COMMODITIES:
Gold : Gold can be a good buying accumulation around 26520. if trades below 26320, we can see it falling to 26240 and lower levels but if holds the support of 26520, it can show 26920 levels..
Natural Gas : NG is showing positive sign for the month. If gives closing above 165.20, it can rise to 175 levels in coming days. If faces resistance around 165, we can see it falling again to 159-160 levels.
Copper : Copper is showing some reversal pattern. Above 353, we can see 368 levels and if maintains below 344, then 329 is coming on its way.
Crude : Crude is showing trend reversal patterns. Above 3300, it can go higher levels. And if breaks 2900, we can again see selling pressure.
Nickel : Nickel is not able cross 700 of last month. If maintains below 674, we can see it again falling to 640 levels , if maintains above 700 uptrend can resume.
Silver : Silver is showing positive trend. If maintains 36500, we can see higher levels. But if maintains below 36400, then 35200 is on its way..
Gold : Gold can be a good buying accumulation around 26520. if trades below 26320, we can see it falling to 26240 and lower levels but if holds the support of 26520, it can show 26920 levels..
Natural Gas : NG is showing positive sign for the month. If gives closing above 165.20, it can rise to 175 levels in coming days. If faces resistance around 165, we can see it falling again to 159-160 levels.
Copper : Copper is showing some reversal pattern. Above 353, we can see 368 levels and if maintains below 344, then 329 is coming on its way.
Crude : Crude is showing trend reversal patterns. Above 3300, it can go higher levels. And if breaks 2900, we can again see selling pressure.
Nickel : Nickel is not able cross 700 of last month. If maintains below 674, we can see it again falling to 640 levels , if maintains above 700 uptrend can resume.
Silver : Silver is showing positive trend. If maintains 36500, we can see higher levels. But if maintains below 36400, then 35200 is on its way..
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