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