COMMOTRENDZ GOLD VIEW FOR THE DAY .......

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD STRONG RES AT  1703 LVL   HOLD ABV THIS LVL POSITIVE. MCX STRONG RES NOW AT 31444 HOLD ABV THIS LVL HOURLY BASIS CAN TAKE GOLD UP UPTO 31620 IN TWO TRADING SESSION. BUY IN DIP 4 THE DAY. SUPPORT NOW STANDS AT 31270-31250 GOOD LONG ENTRY ZONE. COMEX STRONG RES IS NOW AT  1714 LVL HOLD ABV THAT LVL ONLY POSITIVE ELSE CAN SEE PROFIT BOOKING AROUND THAT LVL. DAILY CLOSE ABV 1719 WILL MAKE SHORT TERM BOTTOM 4 NOW. INTRA BUY IN DIP.

GOLD COMEX INTRA TRADING RANGE 1715-1686 EITHER SIDE BREAK N CLOSE MORE DIRECTION. BIAS POSITIVE BUY IN DIP 4 THE DAY.
GOLD MCX TRADING RANGE 31444-31222 HOURLY HOLD ABV 31444LOOKS POSITIVE.
GOLD SPDR MKT HOLDINGS STANDS AT 1350.52 DOWN BY 1 MT .
GOLD LBMA FIXES AT 1695.75 DOWN BY .50 USD
INR TRADING RANGE 54.54-55.08  USD SELLING NOT SUGGESTED ANY TIME CAN BOUNCE. SUPPORTIVE 4 GOLD. For more please visit www.commotrendz.com

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: COMEX GOLD STRONG RES IS AT 1718 LVL. CLOSE ABV THAT LVL ON HOURLY BASIS IT CAN GO UP UPTO 1730 LV. ELSE CAN RETRACE FROM SAID LVL. MCX LOOKS POSITIVE BUT RUPEE FACTOR IS HOLDING FROM GOING UP.  RISKY BUY NEAR DIP LVL OF 31330-31320. LVL OVERALL STILL LOOKS POSITIVE.

GOLD COMEX INTRA TRADING RANGE 1719-1700 EITHER SIDE BREAK N CLOSE MORE. CLOSE ABV 1719 LOOKS POSITIVE.
BUY GOLD MCX 31330-31320 TGT 31540-31688 SL 31266
GOLD MCX FEB  INTRA TRDING RANGE 31277-31688 BUYING NEAR SUPPORT IS SAFE.
GOLD SPDR MKT HOLDINGS STANDS AT 1353.35 FLAT.
GOLD LBMA FIXES AT 1712.50  UP  BY 11 USD.
INR TRADING RANGE 54.26-54.88 SELLING SUGGESTED NEAR STRONG RES LVL. For more please visit www. commotrendz.com

COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY ::: SILVER MCX STILL STRONG RES SEEN AT 63666 LVL. DAILY CLOSE ABV THIS LVL SLITE POSITIVE OTHER WISE MKT REMAIN WEAK SELL ON RALLY 4 THE DAY. RISKY BUY MCX SILVER MAR 61888-61770 TGT 62333-62888 SL 61660 SILVER MCX INTRA RANGE 61777-63666 EITHER SIDE CLOSE MORE DIRECTION. BIAS WEAK AT HIGHER LVL. COMEX HAVING STRONG SUPPORT NOW AT 32.32 DAILY CLOSE BLW THIS LVL ONLY WEAK ELSE CAN SEE GOOD BOUNCE BACK. COMEX INTRA TRADING RANGE 32.32-33.33 EITHER SIDE CLOSE MORE DIRECTION. SILVER LBMA FIXES AT 33.07 DOWN BY 23 CENTS SILVER ISHARE TRADING HOLDINGS STANDS AT 9829.15 UP BY 40 MT. GOOD BUYING SEEN AT LOWER LVL. GOLD SILVER RATIO STANDS AT 51.76 RANGED TO WEAK AGAINST GOLD. For more please visit www.commotrendz.com

COMMOTRENDZ GOLD VIEW FOR THE DAY ....

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD INTL IN RANGED TO WEAKER MODE BUT WEAKER RUPEE HOLDING IT IN MCX. TREND LOOKS WEAK SELL ON RALLY IS SAFE 4 NOW. FOR OVERALL TGT OF 1685-1660 IN COMING DAYS. TILL DONT GIVE SUCCESFUL CLOSE ABV 1755 WE WILL SEE RANGED TO WEAKNESS IN GOLD. US CLIFF ISSUE HOLDING GOLD 4 NOW. ANY CHANGES WILL MAKE IT GOLD VOLATILE. BUT CHRISTMAS NEW YEAR EVE MKT WILL BE SUBDUED. MCX STRONG RES IS AT 31922 GOOD SELLING ZONE. 

GOLD COMEX INTRA TRADING RANGE 1696-1720 EITHER SIDE BREAK N CLOSE MORE. BIAS WEAK AT HIGHER LVL.  SELL NEAR RES. 

GOLD MCX FEB  INTRA TRDING RANGE 31922-31444 BIAS WEAK AT HIGHER LVL SELL NEAR RES. 

GOLD SPDR MKT HOLDINGS STANDS AT 1348.83 FLAT.

GOLD LBMA FIXES AT 1720 DOWN  BY 6 USD

INR TRADING RANGE 55.45-54.77. RUPEE SUCCESFUL CLOSE ABV 55.45 WILL CALL FOR SOME RECOVERY IN DOLLAR AND WILL SUPPORT GOLD. For more please visit www.commotrendz.com

COMMOTRENDZ BASE METALS OUTLOOK ......

COMMOTRENDZ BASE METALS OUTLOOK:- 

COPPER OUTLOOK REMAIN POSITIVE 4 THE DAY. BUY IN DIP. 

BUY COPPER 439-438 TGT 444-450 SL 434.70

ALUMINIUM DID GAVE BREAKOUT. OVERALL OUTLOOK POSITIVE UPTO 115 LVL. BUY IN DIP NEAR SUP IS SAFE 4 NOW. 

BUY ALUMINIUM 112.40-112.20 TGT 114.80 SL 111.40. For more please visit www.commotrendz.com