Weekly Outlook : 06th August 2012

 

GOLD - Posted on 30th July "RESISTANCE 29850-29884"   Trade & close above 29884 upside target 29950 (it made a High 29930 on 31st July) & Trade & stay below the Resistance short term downside target 29630--29500.  On 03rd Aug it fell down and made a Low 29500.

 GOLD (29903) - Support 29750 -- 29733

  Trade & stay below that short term downside target 29630 & 29500..(More Target and Range Only for Subscribers)

 But Trade & stay above the support level upside target 30000--30070

and Afterthat ????? 

 Will Update More to our Subscribers during Trading hrs.

NATURALGAS (161.60) - Now Resistance 161.85--162.25

 Trade & stay above 162.25 short term upside target 165--167 (More Target and Range Only for Subscribers)

Trade & stay below 159.50 downside target 156--154 & ???

 Will Update More to our Subscribers during Trading hrs.

" Jackpot "

Target and Range Only for Subscribers

CRUDEOIL (5073) - Major Support 5065--5055

Trade & Stay above the support level, upside target 5090--5120..??

(More Target and Range Only for Subscribers)

 

But In case trade below 5065-5055 then next level in downside 5040-5005..??

 Will Update More to our Subscribers during Trading hrs.

MENTHAOIL - Posted on 30th July "RESISTANCE 1350-1347" Trade & stay below that short term downside target 1326--1320 & ???.  as posted exactly it resisted at 1349 on 31st July itself and from there it fell down and on same day Low 1305....& "But Trade & close above 1350 upside target 1356--1367 and Afterthat 1380. on 02nd Aug it made a High 1410"

 MENTHAOIL (1400) - Upside Resistance 1415--1422

 Trade & stay below that downside target 1376--1360..??

More Target and Range Only for Subscribers

In case trade above 1415-1422 then next level, in upside 1440..??

 Will Update More to our Subscribers during Trading hrs.

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NICKEL - Posted on 30th July "RESISTANCE 908-912" Trade & stay below that short term downside target 885--877   & ???.  as posted exactly it resisted at 908 on 31st July itself and from there it fell down and on 02nd Aug Low 867.

COPPER - Posted on 30th July "RESISTANCE 423-424" Trade below that downside target 420--418  & ???.  as posted exactly it resisted at 423 on 30th July itself and from there it fell down and on 03rd Aug Low 409.

  

Stoploss & Target Range Will Update to our Subscribers during Trading hrs.