Tuesday, June 19, 2012

COMMOTRENDZ GOLD REPORT FOR THE DAY......

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD STILL  NEED TO BREAK 1634 ON HOURLY CLOSING BASIS. IT CAN GO UPTO 1643-1645 LVL. ONCE THAT LVL IS CUT N CLOSED WE WILL SEE GOLD RALLY UPTO 1668-1700 LVL IN COMING DAYS. AS UPSIDE THIS ARE STRONG RES LVL. RUPEE IS WEAK HENCE GOLD BOUNCING TO NEW LIFE HIGHS IN MCX.  BUY IN DIP IN MCX. ANY BREAK N SUSTAIN ABV 30422 CAN SEE GOLD GO UPTO 30666 IN TWO DAYS TIME FRAME PROVIDED COMEX GIVES SUPPORT AT HIGHER LVLS. OVERALL STILL STRONG IN MCX.

GOLD COMEX INTRA TRADING RANGE 1606-1645 BIAS POSITIVE.  BUY IN DIP.
GOLD MCX TRDING RANGE 30000-30422 EITHER SIDE BREAK MORE DIRECTION. BUY IN DIP
GOLD SPDR HOLDINGS STANDS AT 1281.62 UP BY 4 TONNES.
GOLD LBMA FIXES AT 1615.50  DOWN BY 12 USD
RUPEE TRADING RANGE 56.34-55.45  EITHER SIDE BREAK  MORE TREND.OVERALL BUY USDINR IN DIP 4 THE DAY. FOR MORE PLEASE VISIT www.commotrendz.com

Friday, June 15, 2012

COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER SPIKE DOWN. AS COULD NOT ABLE TO SUSTAIN AT HIGHER LVLS. NOW STRONG RES SEEN IN COMEX AT 29.58 GOOD SELLING ZONE IN COMEX. MCX STRONG RES SEEN AT 55888. GOOD SELLING ZONE. ANY BREAK BLW 28.28 ON CLOSING BASIS WILL SEE FURTHER PROFIT BOOKING.

SILVER JUL MCX TRADING RANGE 55888 -53777 EITHER SIDE BREAK MORE DIRECTION ON CLOSING BASIS
COMEX TRADING RANGE 29.58-28.28 EITHER SIDE BREAK ON CLOSING BASIS MORE DIRECTION.
SILVER LBMA FIXES AT 28.88 UP BY 28 CENTS.
SILVER ISHARE HOLDINGS STANDS AT 9696.23 UNCHANGED.
GOLD SILVER RATIO STANDS AT 56.63   FAVORING GOLD. STRONG RES AT 57.35-58  ANY CLOSE BLW 55 WILL CALL FOR SMART RECOVERY FURTHER ELSE CAN TOUCH 57.35-58 LVL. GOOD BUYING LVL SILVER AROUND THIS LVL. for more please visit www.commotrendz.com

Tuesday, June 12, 2012

COMMOTRENDZ GOLD VIEW 4 THE DAY..............

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD TRADING VOLATILE AND RANGED BOUND. IMP RES NOW AT 1614 LVL. ANY CLOSE ABV THIS LVL ONLY POSITIVE ELSE WE CAN SEE DOWN WARD SPIRAL FROM THIS LVL. INTRA SUP AT 1580 HOURLY CLOSE BLW THIS LVL WILL CALL FOR SOME MORE DOWN SIDE. TILL THEN RANGED OUTLOOK SEEN.

 GOLD COMEX INTRA TRADING RANGE 1580-1614 BIAS WEAK AT HIGHER LVLS. 
GOLD MCX TRDING RANGE 29588-29966 EITHER SIDE BREAK MORE DIRECTION. SELL ON RES LVL.
GOLD SPDR HOLDINGS STANDS AT 1274.79 UNCHANGE.
GOLD LBMA FIXES AT 1584 UP BY 6 USD
RUPEE TRADING RANGE 56.34 - 55.48  EITHER SIDE BREAK  MORE TREND. RUPEE IN RECOVERY MODE. ANY CHANGE CAN ONLY BE SEEN ONLY AFTER CLOSE ABV 56.34 LVL. AFTER DOWN GRADE BY SNP WE WILL SEE RUPEE CAN GO UPTO 58 LVL IN COMING DAYS WILL SUPPORT GOLD IN MCX. EVEN IF LVLS OF COMEX BREAK DOWN FURTHER.
for more, please visit www.commotrendz.com