Thursday, 15 November 2012

Commodity News For 15 nov. 2012

Gold prices are expected to remain positive. One can buy around 31700 -31650 with a stop loss below 31500 we expect price to test 32000 on higher end.
Silver prices  are expected to remain positive  we expect prices to test  62200  – 62300  on higher end one can buy around 61100 with a stop loss below 60500.
Copper prices are expected to trade within the range from 414 to 424. One can trade within the range. However, 426 acting as a strong resistance.
Nickel  prices  are  consolidating and are  expected  to trade within a range  from 870 to 900 one can trade within the range with a positive bias.
Lead prices might face resistance on higher end at 120.50 one could  short with a stop loss above 121.70.
Crude price are expected to trade within the range from 4780 to 4670 one can buy with a stop loss above 4665.


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