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COMMODITY NEWS AND TRADING LEVELS FOR 4TH JANUARY 2012
COPPER (FEB) – Copper’s Nov contract which is going to expire on 29TH FEB 2011, is expected to trade between the broad ranges of 396 to 411 Expected resistance and support level for today trade are as follows:
SUPPORT 1: 415.80
SUPPORT 2: 417.35
RESISTANCE 1: 410.55
RESISTANCE 2: 408.10
CRUDE OIL (JAN) – Expected resistance and support levels for the crude Dec contract with expiry date of 19 JAN 2011 are:
SUPPORT 1: 5385
SUPPORT 2: 5275
RESISTANCE 1: 5545
RESISTANCE 2: 5615
GOLD (FEB) - Gold FEB contract which will expire on 4th FEB 2012.gold gave a bearish run as the US debt default concern made the investors cautious. Resistance and support levels for the today’s session are:
SUPPORT 1: 27535
SUPPORT 2: 27415
RESISTANCE 1: 27765
RESISTANCE 2: 27845
SILVER (MAR) – Silver is Expected resistance and support level for today trade are as follows:
SUPPORT 1: 53420
SUPPORT 2: 52335
RESISTANCE 1: 54995
RESISTANCE 2: 55990
http://free-commodity-tips.blogspot.com/2012/01/commodity-news-and-trading-levels-for_04.html |
