GOLD AT RECORD $1,778; BIGGEST 3-DAY RALLY SINCE 2008.
CRUDE OIL DROPS BELOW $80 FOR FIRST TIME SINCE OCTOBER IN EXTENDED DECLINE.
COPPER ERASES EARLY FALL AFTER CHINA DATA.
DOMESTIC OIL AND OILSEED TRADE BEARISH.
MCX GOLD (OCT)
TREND: Bullish
R2: 26400
R1: 26100
S1: 25550
S2: 25250
STRATEGY: Buy on dips
MCX COPPER (AUG)
TREND: Bearish
R2: 408
R1: 402
S1: 394
S2: 389
STRATEGY: Sell on Higher levels
MCX CRUDE OIL (AUG)
TREND: Bearish
R2: 3800
R1: 3730
S1: 3600
S2: 3540
STRATEGY: Sell on Higher levels
CRUDE OIL DROPS BELOW $80 FOR FIRST TIME SINCE OCTOBER IN EXTENDED DECLINE.
COPPER ERASES EARLY FALL AFTER CHINA DATA.
DOMESTIC OIL AND OILSEED TRADE BEARISH.
MCX GOLD (OCT)
TREND: Bullish
R2: 26400
R1: 26100
S1: 25550
S2: 25250
STRATEGY: Buy on dips
MCX COPPER (AUG)
TREND: Bearish
R2: 408
R1: 402
S1: 394
S2: 389
STRATEGY: Sell on Higher levels
MCX CRUDE OIL (AUG)
TREND: Bearish
R2: 3800
R1: 3730
S1: 3600
S2: 3540
STRATEGY: Sell on Higher levels