16 December 2015

TODAY MARKET OUTLOOK FOR COMMODITY

“SELL GOLD FEB CONTRACT 2LOTS BELOW 25300 TG 25200,25110”
GOLD: Gold prices are expected to trade sideways to up for a pullback. One can buy around 25200 with a stop loss below 25030.
GOLD S3 S2 S1 24800 25000 25200 R1 R2 R3 25320 25450 25600
SILVER Silver prices are expected to test 34000-100. One can buy around 33400 with a stop loss below 33000.
SILVER S3 S2 S1 32800 33150 33500 R1 R2 R3 33850 34150 34500
COPPER Copper prices are likely to trade sideways from 305 – 315. One can buy with a stop loss below 305.
COPPER S3 S2 S1 302 305 309 R1 R2 R3 312 315 317
NICKEL Nickel prices are expected to trade sideways from 565 – 595. One can buy with a strict stop loss below 565.
NICKEL S3 S2 S1 558 565 572 R1 R2 R3 580 588 597

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