Wednesday, September 25, 2013

Pre-Market View Gold, Silver & Crude Near Month Future

Gold (Oct) Future
Trend - Sidewise to Up
For Today some +ve Divergence in Hourly chart & hence may pullback on the upside

Target4               30700               Book Profit / Sell Zone
Target2               30320-30380    Sell here if can't stay above

Target1               29950-30050    (buy Above / Huge Resistance & Sell zone)

Buy Holding       29650-750          Sell below

Target1               29300                 Buy Zone
Target2               28900-29000      Buy Zone
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Silver Future
Trend - Sidewise to Up
For Today some +ve Divergence in Hourly chart & hence may pullback on the upside

Target5               50700-800     Must exit zone
Target4               50100-200     Buy above or must exit zone
Target3               49900-50100 Good  Resistance
Target2               49500-700    ( Sell if can't cross) 
Target1               49250           buy more above

Buy Holding      48900-49100  or when price moves above Sell below
Key                    48800            Buy above / Sell Below 

Target1              48600 -700    (buy zone)
Target2              48500 -600    (bigger buy zone)
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Crude Oil Future
Trend - Sidewise to down  may slowly head towards 5900-6000 levels
For Today some +ve Divergence in Hourly chart & hence may pullback on the upside during initial hours and become ranged thereafter.

Target3               6650             Book Profit / Exit Zone
Target2               6590-6620    (Sell Zone/ buy above)
Target1               6550-70         Key  - Sell Zone too
Buy  Holding      6485-6525,     near this some good support & weakness below
Target1              6450-65
Target2              6410-30
Target3              6340-60

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