Friday at 11:15 am the precious metals gold and silver are looking bearish for future deliveries. Both are strongly working in a downward direction. Gold price slumps by 345 points at 27875.00 and the silver price slumps by 557 points at 40850.00
CRUDE OIL AND MENTHA OIL : The energy products are showing totally opposite trend as of the precious metals. The base metals are used to follow the same trend of the gold and silver, all the metals are trying to work in a negative side.
The cotton seems to be the strongest one among all the products because from the last couple of days the cotton is the only one which looks bullish and still is looking positive.
sell gold tg 27970/27990/22800 sl 27860
sell silver tg 40836/40811/40796 sl 40950
CRUDE OIL AND MENTHA OIL : The energy products are showing totally opposite trend as of the precious metals. The base metals are used to follow the same trend of the gold and silver, all the metals are trying to work in a negative side. The cotton seems to be the strongest one among all the products because from the last couple of days the cotton is the only one which looks bullish and still is looking positive.
sell gold tg 27970/27990/22800 sl 27860
sell silver tg 40836/40811/40796 sl 40950
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ReplyDeleteToday’s trends for commodity
ReplyDeleteZINC (31 DEC) TREND: CONSOLIDATE
RES 1: 122.50
RES 2: 123.50
SUPP 1: 119.50
SUPP 2: 118
STRATEGY: BUY ON DIPS
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