GOLD: (August) : Last week smart bounce were saw due to weak US jobless data resulted investment in safe heaven commodity, after made a low of 21711 it was made a high 22375 of whopping gain. In this week we may consider strong support 22100-22050 region, whereas the resistance is 22750.
In this week consider major resistance..? Successfully crossover it will show only strength and may test 22790, otherwise we will se some lower level 21964-21895. Higher level some cautious approach likely.
Comex: Consider major resistance US$ 1550-1560 whether it will cross or not....? Check it.
SILVER (SEPT ) : As expected last week after made a low of 51130 and made a high 54960 with a wiping gain nearly 4000 points. Indicate short-term trend is bullish and any dip to buying opportunity likely.
In this week, we may consider resistance.......? Only above that level, think to buy side, so it will move further towards 56300-59000-59900. If not cross....?..... and started down ward journey will come in to 52500-52100, thereafter.......Blood Bath likely.
NICKEL (July) : As last week strong pull back saw in this commoditiestips resulted from the lower of 1028 to 1080. Overall short-term trend is bullish....
In this week crossover ......1082... and sustained above only it will show strength, otherwise lower level it will test...?
COPPER (July) : Trend is bullish as hold 420 mark no problem for bulls. Last week it was made a high of 438 and made a low of 422 and finally closed at 433 mark. We may consider resistance .....?........crossover and stay think to buy, otherwise you will see again 426-420.
CRUDE (July) : After a decline of US jobless data resulted decline? Last week it was made a low of 4207, before it was made high 4409. Over all trend is sideways and higher level some selling pressure continue. In this week we may consider resistance 4300 and support 4200, break out this range will move either side of 100-150 points easily.
ALUMINIUM (July) : Small trading range......it was made a high 114.75 and low was 110.50 .... In this week trend decider 112.50 and resistance 114.50-116.50, down side support is 110 watch out.
ZINC (July) : Selling pressure were saw in the last trading session - after made a high of 107 but finally closed at lower level 104.05. We may consider over all trend is bullish as remain hold 102-100 level.
NATURAL GAS (JULY ) : Small trading range and consolidation of 180 to 200 range......lower level to buy side on dip....