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Crude & Gold Tips For Intraday

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CRUDE (JAN)

Crude was very volatile of last week. It made a high of 5392, and finally big sell-off was seen due to increase in production by OPEC. Now in this week, we may consider resistance at 5100-5155-5275 and stay below, avoid fresh buy, and down side support at 4800 to watch out. Lower level, do not panic and some recovery cannot be ruled out.

Trend Decider of this week: 5082

GOLD: (Feb 2012)

As mentioned in this column that for the last two week, major resistance for safe playing for bull, 29400 and think to buy side, downside it must hold 28300. It was unable to hold major weakness, and finally made a low of 27000+, which indicates weakness to continue. Now in this week, we may consider resistance at 27800-28000-28300, downside support to watch out at 27000, decisively break with volume likely, nonstop target of 25800-25000 in a few sessions. Higher level, be cautious of any buy side. Sell on rise strategy.

Trend Decider of this week: 27800

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Gold Free Tips for 16-12-2011

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Free Gold Tips for Today


Gold :(Feb 2012)
As closing month, it was guessed that already torn the abiding trend band of 28410, all-embracing bearish and big sell-off Judged, and it in fact did and assuredly fabricated a low of 26516. But due to abbreviate accoutrement and some beginning affairs it managed to abut at 27321. All-embracing trend is bearish and boost to sell opportunity, as continued as charcoal beneath trading. Our ambitions of 25100 down, Just accept patience. At accepted trend some up- off center likely. Chief attrition at 28255-28410

Gold Trend Determine of this week 27210

Short-term up-off center if doesn’t breach and abutting beneath 27020 in after few trading sessions Likely to analysis 28010 plus, but college akin is alert and affairs opportunity.
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