Tuesday, 8 December 2015

COMMODITY UPDATE

Gold: It has a resistance of  25520 - 25560 , if maintains above this, we can see a pull- back upto 26100 and if maintains below this , we can see 25000 levels.

Silver: It has a support zone of 34300-34600. Above this level, we can see 36200 and below this level can fall to 33900 zone.

Nickel: It is near its support zone of 578-582, if holds this level then we can see some pull-back to 610-620, and if breaks its support we can see 545 levels.

VIEW ON 14/12/2015
LIES AROUND ITS SUPPORT ZONE
TODAY TRADING AROUND 580




Copper: It is showing some reversal signals with higher tops and higher bottoms. If maintains above 308-312 zone, we can see a pull-back upto 324 zone and if maintains below 308, we can see again 303 and 300 levels.

Natural Gas: It has a support  zone of 136 and 127, trend is down.

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