FULL LEVELS UPDATE ON BULLIONS, BASEMETALS & ENERGY www.indianmarketview.com

Gold

 

Gold October contract has support at 24600—24450 and resistance at 25000—25200 mark.

Close below 24850 will see panic till 24600—24450 mark. Three consecutive closes + weekly close below …… Click here for full levels update

 

 

Silver

 

Silver has support at 33700—33300 and resistance at 34500 mark. Close below 34000 will take to 33700—33300. 

Two consecutive closes below 33300 will see further panic till 32800—32300 and then to…… Click here for full levels update

 

 

Crude Oil

 

Crude oil has support at 2780 and resistance at 2940—3000.

Still looks weak and could test its support level of 2780 mark. Two consecutive closes below 2780 will see further panic in Crude oil till…….. Click here for full levels update

 

 

Natural Gas

 

Natural gas has support at 172 and resistance at 185—189.

Natural gas is forming triangle pattern on daily charts. It looks positive and could test its resistance level of 185—189. Further upside rally seen only weekly close above 189 level. Three consecutive closes + weekly close above ……  Click here for full levels update

 

 

Copper

 

Copper has support at 327 and resistance at 333—337. 

Copper still looks weak and could test its support level of 327. Negative return remain continue in Copper on global concern. Close below 327 will take to ………  Click here for full levels update

 

 

Nickel

 

Nickel has support at 685—660 and resistance at 710.

Close below 685 will take to 670—660. Further panic seen only weekly close below 660 mark. Three consecutive closes + weekly close below……  Click here for full levels update

 

 

**This update is part of our daily detailed report of MCX. Kindly read full Levels, Support / Resistance before making any position.

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