COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY ::: SILVER NOT ABLE TO SUSTAIN AT HIGHER LVLS 54888 AND FALLING BACK. TODAY IS IMPORTANT DAY 4 SILVER. IF NOT ABLE TO BREAK THEN WE WILL SEE MORE DOWN SIDE. NOW SUPPORT IN MCX STANDS AT 53666 BREAK N CLOSE  BLW THIS LVL WILL SEE FURTHER FALL IN SILVER ELSE RANGED MKT SEEN 4 NOW. COMEX 27.50 IS IMPORTANT LVL. HOURLY CLOSE BLW THIS LVL WILL CALL FOR SHARP FALL IN SILVER CAN CORRECT UPTO 27-26.40 LVL. SELL ON RALLY 4 THE DAY.

SILVER JUL MCX TRADING RANGE 54888-53666 EITHER SIDE BREAK MORE DIRECTION ON CLOSING BASIS.
SILVER LBMA FIXES AT 28.08 SLITE POSITIVE.
SILVER ISHARE HOLDINGS STANDS AT 9664.30 UP BY 15 MT.
GOLD SILVER RATIO STANDS AT 55.50 FAVORING GOLD. STRONG RES AT 58  ANY CLOSE BLW 55 WILL CALL FOR SMART RECOVERY FURTHER ELSE CAN TOUCH 58 LVL.GOOD BUYING LVL SILVER AROUND THIS LVL.

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD COMEX INTRA LOOKS WEAK.PROBLEM IS RUPEE ITS ON LIFE HIGH LVLS. WILL SEE WEAKNESS ONLY IN RUPEE HELP GOLD GO UP FURTHER. MCX BUY IN DIP IS SAFE 4 THE DAY. MCX STRONG SUP AT 28822 LVL GOOD ENTRY ZONE. COMEX SUP STANDS AT 1574-1572 GOOD REENTRY ZONE. 1614 STRONG RES AREA ANY CLOSE ABV THIS LVL WILL CALL FOR MORE UPSIDE.

GOLD COMEX INTRA TRADING RANGE 1614-1572 BIAS POSITIVE BUY NEAR SUPPORT LVL.
GOLD MCX TRDING RANGE 28822 -29266
GOLD SPDR HOLDINGS STANDS AT 1282.94  FLAT.
GOLD LBMA FIXES AT 1592.50  POSITIVE
RUPEE IN ITS LIFE HIGH LVL. RUPEE TRADING RANGE 54.32-55.55. ANY CLOSE ABV 55.55 LVL WILL CALL FOR 56.78 LVL IN COMING DAYS. BUY IN DIP 4 THE DAY USD/INR