22 December 2015

MARKET OUTLOOK OF COMMODITY TODAY

Gold: Gold prices closed with a gain of 1.21% yesterday. Momentum above 25420 levels will push prices higher towards 25525/25623 levels. Intraday outlook for the counter will stay positive until prices stay above 25200. A decisive break down below this support will push prices lower towards 25080 levels.
Silver: We expect Silver prices to test its immediate resistance between 34500—34600 zones. A daily close above 34600 will open upside targets of 35150/35390 levels in the counter. Intraday dips will find support until prices hold on above 33870 levels. A decisive break down below this level will push prices lower towards 33450/33300 levels.
Copper: Copper can move higher until prices sustain above 312 levels. Momentum above 318 will see prices advance towards 320.50/321.65 levels. Fresh selling can come in as prices approach higher levels. A daily close below 312 will see prices correct towards 306.50/305 levels.
Zinc: We reiterate that Zinc needs to sustain above 101.50 for prices to advance higher towards 102.40/103 levels. Sustenance below 99.75 will push prices lower towards 98.65/97.90 levels. Traders can look to go long if prices start to show momentum above 101.50 levels today.

1 comment:

  1. It just tried. The 3CX softphone will not function without
    also installing the 3CX system, and also the "system" will not install without a static public ip-address, so I did not complete setup of the system.
    I did complete setup of the client, and indeed it will not
    work at all by itself. Correct me if I'm wrong,
    but it appears like it is designed to be its dedicated VoIP program, , not a stand-alone consumer that may work with any VoIP system.



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