COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY ::: SILVER BROKE CRUCIAL RES AND TRADIG WELL ABV THAT. IN COMEX NOW NEED TO BREAK LVL OF 32.60 THEN MORE FIRMNESS CAN BE SEEN.  ANY CLOSE ABV 34.44 WILL CALL FOR STRONG UP TREND IN COMING DAYS.

SILVER COMEX  INTRA TRADING RANGE 32.60-31.48
SILVER  MAY MCX TRADING RANGE 57555-55777 EITHER SIDE BREAK MORE DIRECTION ON CLOSING BASIS.
SILVER LBMA FIXES AT 31.47  WEAK. BUT LATE SESSION RECOVERY WILL SHOW TODAY ONLY GOOD FIX.
SILVER ISHARE HOLDINGS STANDS AT 9618.57 DOWN BY 8 MT. CONTINOUS PROFIT BOOKING SEEN IN ETF. NOT GOOD SIGN FOR LONGS.
GOLD SILVER RATIO STANDS AT 51.86 RANGED DIRECTION.

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD TRYING TO BREAKOUT OF ITS RANGE BUT NOT ABLE TO DO SO. TODAY OR MAX BY WEDNESDAY IF GOLD NOT ABLE TO BRAEK 1706 LVL IN COMEX THEN WE WILL SEE STRONG DOWN SIDE IN COMING DAYS. IF ABLE TO GIVE WEEKLY CLOSE ABV 1706 LVL THEN TGT OF 1800 IS POSSIBLE IN THE MONTH OF APRIL. OVERALL TREND SIDEWAYS 4 NOW. RUPEE IS SPOILING THE SHOW. AS IT ACT AS CONTRARIAN TO WHOLE MARKET SENTIMENT.

COMEX INTRA TRADING RANGE 1688-1675 BIAS RANGED  
MCX TRADING RANGE JUN THE DAY 28344-28666 EITHER SIDE BREAK ON CLOSING BASIS MKT WILL GIVE FURTHER DIRECTION.
GOLD SPDR HOLDINGS STANDS AT 1286.62  FLAT.
GOLD LBMA FIXES  AT 1677.50 SLITE RECOVEYR.
RUPEE HAVING STRONG RES AT 5175-5200 IF NOT ABLE TO BREAK BY MID APRIL THEN WE MITE SEE TREND REVERSAL AND CAN SHOW MORE STRONGNESS IN COMING DAYS INTURN BRING DOWN GOLD IN MCX.