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

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD IN RANGED MODE STRONG SUPPORT STANDS AT 1448 MINOR SUPPORT STANDS AT 1462. HOURLY CLOSE BLW THIS LVL CAN SEE PROFIT BOOKING. DAILY CLOSE BLW 1448 WILL SHOW FURTHER WEAKNESS IN THE COUNTER. OVERALL WEAK SELL ON RALLY 4 THE DAY.

GOLD COMEX INTRA TRADING RANGE 1448-1488
MCX GOLD TRADING RANGE  26922-27333 WEAKNESS AT HIGHER LVL.
GOLD SPDR MKT HOLDINGS STANDS AT 1080.64 DOWN BY 2.41 MT CONTINOUS DOWNFALL SEEN.
GOLD LBMA FIXES AT 1467.50 DOWN  BY 4 USD
USDINR TRADING RANGE 54.00-54.58.  For more please visit www.commotrendz.com

COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER COMEX RES NOW STANDS AT 24.88 TODAY CLOSE ABV THIS LVL ONLY POSITIVE ELSE CAN SEE WEAKNESS IN THE COUNTER FROM THIS LVL. SELLING NEAR RES AROUND 24.75- 24.80 WITH SL ABV 24.88 MCX STRONG RES STANDS AT 46840 . SELLING NEAR RES AROUND 46300 - 46400 WITH SL ABV 46840 FOR TGT OF 45300.

COMEX INTRA SILVER TRADING RANGE 23.30-24.88

MCX TRADING RANGE 44222-46890 TREND WEAK. SELL ON RALLY.

SILVER LBMA FIXES AT 23.30 UP  BY 39 CENTS  

SILVER ISHARE TRADING HOLDINGS STANDS AT 10366.89 UP BY 48.07MT. CAUTION SUGGESTED. HUGE FALL EXPECTED. 

GOLD SILVER  RATIO  STANDS AT 60.67 RANGED 2 WEAK. For more please visit www. commotrendz.com

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD COMEX STRONG RES NOW SEEN AT 1444 LVL. TODAY IF NOT ABLE TO BRAKE THIS LVL N BRAKE DOWN BLW 1408 LVL CAN SEE SOME SHARP FALL IF SUSTAINED ON HOURLY BASIS BLW 1408 LVL. MCX SUPPORT SEEN AT 26166 LVL DAILY CLOSE BLW THIS LVL WILL CALL FOR SOME SHARP FALL UPTO 25888-25666 LVL. SELLING NEAR RES LVL IS SAFE 4 THE DAY. 

GOLD COMEX INTRA TRADING RANGE 1446-1408

MCX GOLD TRADING RANGE  26166-26888 WEAKNESS AT HIGHER LVL. 

GOLD SPDR MKT HOLDINGS STANDS AT 1104.71 DOWN BY 18.35 MT

GOLD LBMA FIXES AT 1424.50 UP  BY 19 USD

USDINR TRADING RANGE 53.86-54.48 For more please visit www.commotrendz.com

COMMOTRENDZ GOLD VIEW 4 THE DAY ....

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD SILVER SEEN FRESH CRASH THIS MORNING TOO. AFTER MARGIN CALL AND TECHNICAL OUTLOOK REMAIN WEAK. SUPPORT IN COMEX SEEN AT 1250 LVL. FROM THAT LVL WE CAN SEE SOME BUYING AS IT HAS GIVEN VERTICAL FREE FALL. HIGH FREQUENCY TRADING AND MARGIN CALL WERE OTHER REASON TOO FOR GOLD/SILVER SHARP FALL. STILL OUTLOOK REMAIN TECHNICALLY WEAK. SELL ON RALLY 4 THE DAY TOO. 1390 IS GOOD STRONG RES ZONE N SELLING ZONE TOO. MCX STRONG RES NOW AT 25777 LVL GOOD SELLING ZONE. NO BOTTOM FISHING SUGGESTED TODAY ALSO. 

GOLD COMEX INTRA TRADING RANGE 1250-1390

MCX GOLD TRADING RANGE  25000-25777 WEAKNESS AT HIGHER LVL. 

GOLD SPDR MKT HOLDINGS STANDS AT 1154.34 DOWN BY 4.22 MT

GOLD LBMA FIXES AT 1395 DOWN BY 140.50 USD

USDINR TRADING RANGE 54.98-54.32

For more please visit www.commotrendz.com

COMMOTRENDZ SILVER VIEW FOR THE DAY .....

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER LOOKS WEAK BUT SELLING SUGGESTED AT HIGHER LVL. MCX STRONG RES IS AT 51966 LVL IS SAFE FOR NOW. COMEX RES SEEN AT 27.88-27.92 GOOD SELLING ZONE. TREND STILL LOOKS WEAK. AVOID BOTTOM FISHING IN THE COUNTER. 

COMEX INTRA SILVER TRADING RANGE 27.94-27

MCX TRADING RANGE 52333-50444 EITHER SIDE BREAK MORE DIRECTION ON CLOSE BASIS. 

SILVER LBMA FIXES AT 27.57 DOWN BY 17 CENTS

SILVER ISHARE TRADING HOLDINGS STANDS AT 10497.59  UNCHANGED.

GOLD SILVER  RATIO  STANDS AT 56.55 RANGED.  FALL UPTO 58-59 SEEN AGAIN NOW.For more please visit www.commotrendz.com

COMMOTRENDZ SILVER VIEW FOR THE DAY......

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER TAKING STRONG CUE FROM LOWER LVL. HAVING CLUSTER OF SUPPORT AT 26.50-26.20 LVL. GOOD BUYING SEEN AT LOWER LVL. NOW STRONG RES IN COMEX SEEN AT 27.25 LVL N MCX RES SEEN AT 51888 LVL. BOTTOM SUPPRT SEEN AT 26 IN COMEX AND MCX SEEN AT  49444 LVL. IF WE SEE THIS LVL BROKEN ON CLOSE BASIS THEN WE MITE SEE FURTHER WEAKNESS IN THE COUNTER BUT GOOD BUYING SEEN AT LOWER LVL.

COMEX INTRA SILVER TRADING RANGE 27.25-26
MCX TRADING RANGE 51888-49444
SILVER LBMA FIXES AT 26.80 DOWN BY 39 CENTS
SILVER ISHARE TRADING HOLDINGS STANDS AT 10677.89 UNCHANGED
GOLD SILVER  RATIO  STANDS AT 57.75 WEAK. NEAR STRONG RES OF 59-29.20 LVL. GOOD BUYING CAN BE SEEN AT 59.20 LVL. For more please visit www.commotrendz.com

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD INTL NEAR RES LVL. STRONG RES  NOW STANDS AT 1606-1608 GOOD SELLING ZONE. MCX JUN STRONG RES NOW STANDS AT  30100-30075 GOOD SELLING ZONE. ANY CLOSE ABV 30166 LOOKS SLITE POSITIVE. BUT EXPIRY IS NEAR CAN SEE SOME FURTHER PROFIT BOOKING B4 REVIVING N BUYING INTEREST GENERATES.

GOLD COMEX INTRA TRADING RANGE 1588-1608
MCX GOLD 30166-29866 EITHER SIDE ON CLOSE BASIS BREAK MORE DIRECTION. BIAS WEAK AT HIGHER LVL.
GOLD SPDR MKT HOLDINGS STANDS AT 1217.05 DOWN BY 7.16 MT.
GOLD LBMA FIXES AT 1598.25 UNCHANGED.
USDINR TRADING RANGE 54.88-54.36 RANGED TRADING SEEN. TODAY FIRST TRADING DAY OF NEW FINANCIAL YEAR IN CURRNECY WILL SEE RANGED MODE. For more please visit www.commotrendz.com 

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COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD RANGED TO WEAK AT HIGHER LVL. STRONG RES SEEN AT 1612 LVL GOOD SELLING ZONE. MCX STRONG RES NOW STANDS AT  29680-29722 LVL GOOD SELLING ZONE. BOTTOM FISHING NOT SUGGESTED. INTRA HOLD BLW  1598 LOOKS WEAK. MCX INTRA HOLD BLW 29444 LOOKS WEAK. SELL ON RALLY. WEEKLY CLOSE ABV 1620 ONLY LOOKS POSITIVE TILL THEN SELL ON RALLY 4 NOW. MCX SUPPORT SEEN AT  29144 LVL. DAILY CLOSE BLW THIS LVL WILL MAKE FURTHER WEAK ELSE BOTTOM FISHING IS SAFE AROUND SAID LVL. EVENING  GOLD EXPECTED TO BE SLITE POSITIVE.

GOLD COMEX INTRA TRADING RANGE 1588-1612
MCX GOLD 29144-29666 EITHER SIDE ON CLOSE BASIS BREAK MORE DIRECTION
GOLD SPDR MKT HOLDINGS STANDS AT 1221.26 UNCHANGED.
GOLD LBMA FIXES AT 1599.25 DOWN BY 7 USD.
USDINR  MAR TRADING RANGE 54.34-54.88 EITHER SIDE BRAKE MORE DIRECTION. For more please visit www.commotrendz.com 

COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER MCX STRONG RES NOW SEEN AT  55222 LVL BREAK N HOLD ABV THIS LVL WE CAN SEE SOME RECOVERY ELSE SOME PROFIT BOOKING EXPECTED FROM THIS LVL. ANY BRAKE BLW 54000 WILL SEE SHARP KNEE JERK FALL IN SILVER. WATCH OUT THIS LVL.

COMEX INTRA SILVER TRADING RANGE 28.66-29.37
MCX TRADING RANGE  54000-55222
SILVER LBMA FIXES AT 28.91 UP BY 0.1 CENTS
SILVER ISHARE TRADING HOLDINGS STANDS AT 10635.96 UP BY 52.60 MT.
GOLD SILVER  RATIO  STANDS AT 55.48 RANGED. CAN GO UPTO 58 LVL IN NEXT 5 SESSIONS.ANY TWO CLOSE BLW 55 WILL MAKE BULLISH IN SHORT TERM.For more please visit www. commotrendz.com 

COMMOTRENDZ GOLD VIEW FOR THE DAY...

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD COMEX RES AT 1618-1620 LVL. OUTLOOK POSITIVE BUY IN DIP FOR THE DAY. TODAY RBI POLICY WHICH WILL MAKE RUPEE VOLATILE. ANY RATE CUT WILL MAKE RUPEE STRONGER AND GOLD CAN FALL. OVERALL OUTLOOK REMAIN POSITIVE IN COMEX.  SUPPORT SEEN AT  1684 LVL GOOD ENTRY ZONE. MCX SUPPORT NOW SEEN AT  29366-29377 LVL GOOD ENTRY ZONE. STRONG RES NOW SEEN AT 29777 LVL. DAILY CLOSE ABV 1620 WILL MAKE FURTHER UPSIDE.  WEEKLY CLOSE ABV 1620 LVL WILL GIVE SHARP UPSIDE N STRONG BUYING INTEREST IN GOLD AND CAN GO UPTO 1668 LVL.

GOLD COMEX INTRA TRADING RANGE 1584-1620
MCX GOLD 29322-29777 EITHER SIDE BREAK MORE DIRECTION
GOLD SPDR MKT HOLDINGS STANDS AT 1219.45 DOWN BY 14 MT.
GOLD LBMA FIXES AT 1603 UP BY 8.50 USD.
USDINR  MAR TRADING RANGE 53.77-54.44 EITHER SIDE BRAKE MORE DIRECTION. BIAS BUY IN DIP. BUT RBI MONETARY POLICY WILL  MAKE SWING VOLATILE 4 GOLD.

COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER IN CRUCIAL ZONE MAKE OR BRAKE DOWN. NEED TO GIVE CRUCIAL BRAKE ABV 55088 LVL ON CLOSE BASIS TO GIVE SOME UPSIDE PUSH SMAE TIME ANY CLOSE BLW  53888 LVL WILL MAKE DIFFICULT FOR BULL IN SHORT TERM.

COMEX INTRA SILVER TRADING RANGE 28.46-29.12
MCX TRADING RANGE  MAY 53888-55088
SILVER LBMA FIXES AT 28.64 DOWN BY 0.48 CENTS
SILVER ISHARE TRADING HOLDINGS STANDS AT 10703.60 UNCHANGED. SUDDEN SURGE IN ETF GOOD BUYING INTEREST.
GOLD SILVER  RATIO  STANDS AT 54.95 RANGED. NOW CLOSE BLW 55 LVL. ITS IN HIGHLY TERITORY.For more please visit www.commotrendz.com 

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD STILL IN RANGED MODE. NEED STRONG RES ZONE OF 1586-1588. IF TODAY DONOT BRAKE THIS THEN WE WILL SEE SHARP FALL IN GOLD IN COMING DAYS. ELSE WE CAN SEE SHORT TERM BOTTOM IN GOLD N MARKET CAN REVIVE UPSIDE JOURNEY. RUPEE WILL BE VOLATILE TODAY ON ACCOUNT IIP DATA. WHICH WILL MAKE GOLD ALSO VOLATILE IRESPECTIVE OF COMEX LVLS WHICH REMAINED FLAT. INTRA SLITE POSITIVE ABV 29424 LVL. BOTTOM FISHING IF SAFE 4 NOW. STRONG INTRA SUPPORT FOR THE DAY IS 28270 28280 GOOD ENTRY ZONE.  STRONG RES NOW IN MCX AT 29622 LVL. HOURLY CLOSE ABV THIS LVL WILL GIVE SOME POSITIVE.

GOLD COMEX INTRA TRADING RANGE 1566-1588 BIAS NETURAL TILL DONT BREAKE 1588 IT WILL REMAIN RANGED.  DAILY CLOSE ABV 1588 WILL BE FIRM IN GOLD
MCX GOLD 29244-29622 EITHER SIDE BREAK MORE DIRECTION ON CLOSE BASIS.
GOLD SPDR MKT HOLDINGS STANDS AT 1236.73 DOWN BY 1 MT.
GOLD LBMA FIXES AT 1579 UP BY 2 USD.
USDINR  MAR TRADING RANGE 54.12-54.68 EITHER SIDE BRAKE MORE DIRECTION. For more please visit www.commotrendz.com

COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER IN RANGED MODE. ANY BRAKE BLW 53777 ON SUSTAINED BASIS WILL SEE FURTHER WEAKNESS IN THE COUNTER. SAME TIME NEED TO GIVE STRONG CLOSE ABV 55888 LVL THEN WE MITE SEE SOME UPSIDE. ELSE RANGED SEEN. TODAY WILL BE IMPORTANT DAY FOR BULLION.

COMEX INTRA SILVER TRADING RANGE 28.38-29.32
MCX TRADING RANGE  MAY 53777-55888
SILVER LBMA FIXES AT 29.01 UP  BY 27 CENTS
SILVER ISHARE TRADING HOLDINGS STANDS AT 10646.48 UNCHANGED.
GOLD SILVER  RATIO  STANDS AT 54.89 RANGED. TODAY IF ABLE TO GIVE CLOSE THIS LVL THEN WE MITE SEE SOME BULLISHNESS IN SILVER. For more please visit www.commotrendz.com 

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD COMEX IN RANGED MODE STILL. NEED TO GIVE UPSIDE BREAKOUT OF 1590 LVL ON HOURLY CLOSE BASIS THEN WE CAN SEE SOME RECOVERY ELSE RANGED TO WEAK AT HIGHER LVLL. MCX STRONG RES NOW STANDS AT 29777 LVL. NEED TO GIVE HOURLY CLOSE ABV THIS LVL WILL SEE SOME SHARP UPSIDE ELSE CAN SEE WEAKNESS FROM SAID LVL. MINOR SUPPORT SEEN AT 29577. HOLD BLW THIS LVL CAN SEE WEAKNESS UPTO 29460 LVL.

GOLD COMEX INTRA TRADING RANGE 1570-1590 BIAS WEAK AT HIGHER LVL.
MCX GOLD 29577-29777 EITHER SIDE BREAK MORE DIRECTION ON CLOSE BASIS.
GOLD SPDR MKT HOLDINGS STANDS AT 1253.28 FLAT.
GOLD LBMA FIXES AT 1574.25 UP BY 4 USD.
USDINR  MAR TRADING RANGE 54.82-55.58 RUPEE WEAK BUY IN DIP. SLITE SUPPORTIVE 4 GOLD. For more please visit our website www.commotrendz.com

COMMOTRENDZ SILVER VIEW FOR THE DAY

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER COMEX SUPPORT SEEN AT 28.07 HOLD BLW THIS LVL LOOKS  MORE WEAK. BIAS WEAK AT HIGHER LVL.

COMEX INTRA SILVER TRADING RANGE 28.07-28.78
MCX TRADING RANGE  MAY 53666-54888
SILVER LBMA FIXES AT 28.95 DOWN BY 12 CENTS
SILVER ISHARE TRADING HOLDINGS STANDS AT 10638.84 UP BY 21 MT.
GOLD SILVER  RATIO  STANDS AT 55.58 RANGED.CLOSE BLW 55 WILL MAKE SILVER SLITE POSITIVE ELSE WEAKNESS SEEN UPTO 58 LVL. For more please visit www.commotrendz.com 

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD COMEX HAVING STRONG RES NOW STANDS AT 1610 LVL. BREAK THIS LVL THEN WE WILL SEE FURTHER RECOVERY IN THE COUNTER. ELSE CAN SEE RETRACE FROM SAID LVL.  MCX STRONG RES AT 29840-29860 LVL. IF CLOSE ABV THIS LVL THEN WE WILL SEE POSITIVE ELSE CAN SEE SOME PROFIT BOOKING FROM SAID LVL. BIAS NETURAL AT THE MOMENT. SELLING CAN BE SEEN AT HIGHER LVL. GOLD FIRM DUE 2 SAFE HAVEN BUYING.

GOLD COMEX INTRA TRADING RANGE 1610-1582 BIAS NETURAL. SELLING CAN BE SEEN AT HIGHER LVL.  
MCX GOLD 29388-29866 EITHER SIDE BREAK MORE DIRECTION.
GOLD SPDR MKT HOLDINGS STANDS AT 1272.85 DOWN BY 8 MT. SHARP FALL SEEN.
GOLD LBMA FIXES AT 1592.50 UP BY 12.50
USDINR  MAR TRADING RANGE 54.12-54.78 RUPEE WEAK. EYE ON BUDGET. For more please visit www.commotrendz.com

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD BROKE LOOSE AFTER ECB CHIEF STATED THAT EURO  APPRECIATION  IS STRONG SIGNAL FOR GOOD EURO GROWTH HENCE GOLD SEEN LOWER AFTER HIS COMMENT.   SUP SEEN IN COMEX AT 1630 LVL. HOLD BLW THIS LVL FOR 15 MIN LOOKS WEAK. ELSE CAN SEE REBOUND IN THE COUNTER.  THIS IS STRONG SUPPORT ZONE ON INTRA DAY BASIS. MCX SUPPORT SEEN AT 30244 LVL. CLOSE BLW THIS LVL WILL BE WEAK UPTO 30000-29444 LVL IN COMING DAYS. STRONG RES SEEN AT 1660 LVL. CLOSE ABV THIS LVL ONLY BULLISH.

 GOLD COMEX INTRA TRADING RANGE 1630-1660 EITHER SIDE BREAK N CLOSE MORE  DIRECTION.
RISKY BUY GOLD COMEX 1645 TGT 1666-1685 SL 1628
MCX GOLD 30812 -30244 EITHER SIDE BREAK MORE DIRECTION ON CLOSE BASIS
GOLD SPDR MKT HOLDINGS STANDS AT 1326.89 UNCHANGED.
GOLD LBMA FIXES AT 1652  DOWN   BY 17 USD.
INR TRADING RANGE 54.28-53.66 RUPEE RANGED. RUPEE NEAR IMPORTANT REVERSAL LVL OF 54.28. CLOSE ABV THIS LVL LOOKS POSITIVE ELSE CAN SEE PROFIT BOOKING IN THE COUNTER MAY PUSH GOLD FURTHER DOWN. For more please visit www.commotrendz.com

COMMOTRENDZ SILVER VIEW FOR THE DAY .......

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER IN VERY NARROW BAND. IF TODAY NOT ABLE TO GIVE HIGHER CLOSE ABV 59088 LVL THEN WE CAN EXPECT FALL IN SILVER. SILVER NEED TO GIVE  CLOSE ABV 59088 LVL TO MAKE IT POSITIVE AND REMAIN IN FIERY MODE. ELSE SAME TIME ANY TWO SUCCESSIVE CLOSE BLW 57466 WILL MAKE IT DIFFICULT AND WEAK 4 SILVER.

COMEX INTRA SILVER TRADING RANGE 32.12-31.24
MCX TRADING RANGE 57666-59088
SILVER LBMA FIXES AT 31.75  UP  BY 5 CENTS.
SILVER ISHARE TRADING HOLDINGS STANDS AT 10446.38 UP BY 26 MT.
GOLD SILVER  RATIO  STANDS AT 53.19  IN NARROW BAND. WE NEED TO SEE  TWO CLOSE BLW 52.44 THEN WE MITE SEE BULLISHNESS AS MKT IS PULLING OFF FROM THIS LVL FOR LAST TWO WEEKS. For more please visit www.commotrendz.com

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

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD MCX LOOKS POSITIVE BUT NEED TO BREAK AND SUSTAIN ABV 30822 LVL TO MAKE IT MORE POSITIVE. ELSE BOTTOM FISHING IS SAFE. SAME TIME ANY BREAK N HOLD BLW COMEX 1650 LVL IS WEAK 4 GOLD. CAUTION SUGGESTED BLW 1650 LVL ON CLOSING BASIS. MCX SUPPORT SEEN AT 30560-30590 LVL. BOTTOM FISHING AREA. AT THE MOMENT GOLD SEEN IN RANGED MODE. IMPORTANT WEEKLY LVL SEEN AT 1650-1682 ON CLOSE BASIS.

GOLD COMEX INTRA TRADING RANGE 1682-1665
EITHER SIDE BREAK N CLOSE MORE DIRECTION.  BIAS POSITIVE BUT BUYING NEAR SUPPORT IS SAFE WITH STRICT SL.
MCX GOLD APR 30822-30512 EITHER SIDE BREAK MORE DIRECTION.
GOLD SPDR MKT HOLDINGS STANDS AT 1328.09 UNCHANGED.
GOLD LBMA FIXES AT 1666 DOWN BY 3 USD.
INR TRADING RANGE 52.95 - 53.62 RUPEE RANGED TO POSITIVE. For more please visit www.commotrendz.com

COMMOTRENDZ SILVER VIEW FOR THE DAY....

COMMOTRENDZ SILVER VIEW FOR THE DAY  ::: SILVER OUTLOOK IS POSITIVE 4 THE DAY. ENTER AT LOWER LVL IS SAFE 4 NOW. SUPPORT SEEN AT  585550-58600 LVL. HOLD AND SUSTAIN THIS LVL THEN GOOD LONG AREA. STRONG SUP SEEN AT 58111 LVL. BUY IN DIP 4 THE DAY.

BUY SILVER  58555-58444 TGT 58999- 59333 SL 58222
COMEX INTRA SILVER TRADING RANGE 32.28-31.55
MCX TRADING RANGE 58000-59999
SILVER LBMA FIXES AT 32.03 UP BY 68 CENTS.
SILVER ISHARE TRADING HOLDINGS STANDS AT 10378.52 DOWN BY 64.67 MT .
GOLD SILVER  RATIO  STANDS AT 52.43 RECOVERY . TWO CLOSE THIS LVL CAN SEE MKT FALL UPTO 50-48 HIGHLY BULLISH 4 SILVER. For more please visit www.commotrendz.com

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD COMEX STRONG RES NOW AT 1668 LVL. HOLD ABV THIS LVL ON HOURLY BASIS CAN SEE UPSIDE UPTO 1680 LVL ELSE CAN SEE RETRACE FROM THIS LVL. MCX STRONG RES NOW AT 30612 LVL. GOOD SELLING ZONE. AFTER NO RATE CUT TINKERING WITH CRR AND REPO RATE RUPEE BECAME STRONGER. IN TURN MAKING GOLD WEAK 4 THE DAY. SELL ON RALLY 4 THE DAY. NO CHANGED IN REVERSE REPO AND INTEREST RATE. SO MKT WILL SEE MORE STRONGER RUPEE AND EQUTIY MARKET CAN SEE PRESSURE EXCLUDING BANKING STOCKS WHICH ARE STRONGER AFTER CRR AND REPO CUT. OVERALL OUTLOOK MIXED IN EQUITY AND GOLD WILL MAKE LOWS IN COMING DAYS TOO.

GOLD COMEX INTRA TRADING RANGE 1668-1650

EITHER SIDE BREAK N CLOSE MORE DIRECTION. BIAS WEAK AT HIGHER LVL.

MCX GOLD 30612-30222 EITHER SIDE BREAK MORE DIRECTION. BIAS WEAK AT HIGHER LVL.

GOLD SPDR MKT HOLDINGS STANDS AT 1328.09 DOWN BY 1 MT.

GOLD LBMA FIXES AT 1656.40 DOWN BY 4 USD.

INR TRADING RANGE 53.58-54.38 RUPEE RANGED TO WEAK VOLATITY EXPECTED AROUND AND AFTER RBI DECISION. for more please visit www.commotrendz.com

COMMOTRENDZ GOLD VIEW 4 THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD HAVING STRONG RES AT 1700-1705 LVL. IF NOT BROKEN IN NEXT TWO DAYS ON CLOSING BASIS THEN WE MITE SEE WEAKNESS IN THE COUTNER. MINOR SUP SEEN AT 1681. MAJOR SUPPORT SEEN AT 1660 LVL. DAILY CLOSE BLW THIS LVL WILL MAKE IT WEAK.AFTER IMPORT DUTY REJIG BY 50% GOLD REMAINED FLAT DUE TO STRONGER RUPEE. DUTY RAISED BY 2 PERCENTAGE POINT FROM 4 TO 6. IMPACT WAS NEGATED BY STRONGER RUPEE. STRONG MCX RES REMAIN NOW AT 30888 LVL. TWO CLOSE ABV THIS LVL MAKE SOME RECOVERY ELSE CAN FALL UPTO 30444 LVL IN COMING DAYS. DAILY CLOSE BLW 30444 WILL MAKE GOLD WEAK UPTO 30000 IN COMING DAYS. OUTLOOK REMAIN WEAK IN MCX AS STRONGER RUPEE WILL MAKE IT TOUGH FOR GOLD TO SUSTAIN AT HIGHER LVL. SELL ON RALLY FOR THE DAY.

GOLD COMEX INTRA TRADING RANGE 1706-1682 EITHER SIDE BREAK N CLOSE MORE DIRECTION.  BIAS WEAK AT HIGHER LVL.
MCX GOLD  30888-30444 EITHER SIDE BREAK MORE DIRECTION. BIAS WEAK AT HIGHER LVL.
SELL GOLD MCX  30880-30900 TGT 30644-30444 SL 30944
GOLD SPDR MKT HOLDINGS STANDS AT 1332.61 UNCHANGED.
GOLD LBMA FIXES AT 1687.50 DOWN BY 1 USD
INR TRADING RANGE 53.28-54.09 RUPEE RANGED TO POSITIVE. BUT CAUTION SUGGESTED IN SELING RUPEE AT LOWER LVL. SHARP RECOVERY/SHORT COVERING CAN BE EXPECTED. for more please visit www. commotrendz.com

COMMOTRENDZ GOLD VIEW FOR THE DAY

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD IN RANGED MODE. AFTER FOMC MEET NO CLEAR CONSENSUS ON INFLATION HOLDING GOLD FLAT. ANY CONCERN RELATED TO THIS ISSUE WILL GIVE BOOST TO GOLD. SAME TIME TINKERING WITH INTEREST RATE WILL MAKE GOLD VULNERABLE FOR LOWER SIDES.  GOLD  IF ABLE TO GIVE WEEKLY CLOSE  ABV 1672 LVL THEN POSITIVE UPTO 1696 EXPECTED. GOOD SELLING ZONE LONG TERM FOR DOWN SIDE TGT OF  1628-1588

GOLD COMEX INTRA TRADING RANGE 1675-1660 EITHER SIDE BREAK N CLOSE MORE DIRECTION.  BIAS WEAK AT HIGHER LVL.
MCX GOLD  30964-30666 EITHER SIDE BREAK MORE DIRECTION.
GOLD SPDR MKT HOLDINGS STANDS AT 1337.73 UNCHANGED.
GOLD LBMA FIXES AT 1666.50 UP BY 9 USD
INR TRADING RANGE 54.38-55.05 RUPEE RANGED....For more please visit www.commotrendz.com

COMMOTRENDZ GOLD VIEW 4 THE DAY :::

COMMOTRENDZ GOLD VIEW 4 THE DAY ::: GOLD IMP AND STORNG RES ZONE AT  1662-1665 IF  NOT TODAY BROKEN THEN WE MITE SEE AGIAN REVERSAL TO LOWER LVL. TO SEE STRONG  BEARISHNESS WE HAVE TO SEE CLOSE BLW 1630 LVL ON WEEKLY CLOSE BASIS. MCX STRONG RES  NOW AT  31166 LVL GOOD SELLING ZONE.  CLOSE ABV THIS LVL ON DAILY BASIS CAN SEE  SOME SHORT COVERING ELSE WEAKNESS CAN BE SEEN. MCX STRONG SUP NOW STANDS AT 30788. HOLD BLW THIS LVL WE CAN SEE WEAKNESS IN THE COUNTER.

GOLD COMEX INTRA TRADING RANGE 1668-1626 EITHER SIDE BREAK N CLOSE MORE DIRECTION.   BIAS WEAK AT HIGHER LVL.
MCX GOLD  31166-30788 EITHER SIDE BREAK MORE DIRECTION.
GOLD SPDR MKT HOLDINGS STANDS AT 1340.75 DOWN BY 1.35 MT.
GOLD LBMA FIXES AT 1645.25 DOWN BY 3 USD .
INR TRADING RANGE 55.68-55.04 RUPEE RANGED TO WEAK. BUT TODAY IF NOT ABLE TO GIVE CLOSE AB V  55.68 THEN WE MITE SEE PROFIT BOOKING AND CAN FALL SHARPLY MAKE GOLD WEAK. IMP LVL 4 THE DAY. For more please visit www.commotrendz.com