BULIONS & ENERGY LEVELS FOR 14 JUNE 2016

Bullions: Gold eases gains of yesterday and trade flat with main focus on U.S. Federal Reserve meeting that begins later in the day and on Britain's June 23 vote on whether to leave the European Union. Spot gold had dipped 0.1 percent to $1,282.41 an ounce Bullion touched a session-peak of $1,287.0 on Monday.

COMMODITY	S2	S1	R1	R2	TREND	RANGE
Gold	30000	30150	30550	30700	UP	30000-30600
Silver	40700	41100	41900	42300	UP	41000-42000

 

Energy: Crude oil prices held weaker in Asia on Tuesday with worries over global demand stoked by a possible exit of the U.K. from the European Union. Later Tuesday, the American Petroleum Institute will release estimates of crude and refined product stocks at the end of last week. The figures will be followed on Wednesday with more closely-watched data from the U.S. Department of Energy.
Yesterday’s CRUDEOIL level not executed as open gap down.
              
OUTLOOK: SELL CRUDEOIL BETWEEN 3335-3340 TGT 3300-3270 SL 3370

COMMODITY	S2	S1	R1	R2	TREND	RANGE
Crude oil	3200	3240	3330	3390	SIDEWAYS	3240-3340