Bullions: Gold may trade lower and sideways after yesterday’s
fall as dollar index gains and indications that Britain would vote to remain in
EU. Spot gold was nearly flat at $1,268.16.
OUTLOOK: BUY CRUDEOIL BETWEEN 3300-3310 TGT 3370-3400 SL 3270
|
COMMODITY
|
S2
|
S1
|
R1
|
R2
|
TREND
|
RANGE
|
|
Gold
|
29980
|
30100
|
30400
|
30500
|
SIDEWAYS
|
30000-30500
|
|
Silver
|
40700
|
41000
|
41700
|
42100
|
SIDEWAYS
|
41000-41700
|
Energy: Oil futures pulling back from their highest level in
more than a week as investors weighed continued uncertainty ahead of the U.K.
referendum on European Union membership and its potential impact on energy
demand.
The moves came ahead of weekly
data that are expected to show a decline in U.S. crude supplies.
OUTLOOK: BUY CRUDEOIL BETWEEN 3300-3310 TGT 3370-3400 SL 3270
| COMMODITY |
S2
|
S1
|
R1
|
R2
|
TREND
|
RANGE
|
|
Crude oil
|
3270
|
3300
|
3390
|
3430
|
BULLISH
|
3310-3420
|
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