Gold
For the next week traders can use buy on lower level strategy if Gold above 27800 it can test the level of 28000/28200/28450. Trade by keeping the strict stop losses.
Major support in Gold is 25500 and 24000.
Major resistance in Gold is 28700 and 29500.
SILVER
For the next week traders can use buy on lower level strategy if Silver sustains above 54000 then it can test the level of 55100/55900/56700, Trade by keeping the proper stop losses. For the upcoming week Silver 57000 and 59000 will act as major resistance and 51500 and 49500 will act as major supports.
COPPER
Copper is in a consolidation phase and traders should use the strategy of sell on higher levels. For the upcoming week Copper major resistance would be 410 and 430 and supports would be found at 370 and 355.
CRUDE
For the next week traders can use sell on higher level strategy, if Crude sustains below 4900 then below 4850 it can test the level of 4790/4720 in this week. Trade by keeping the proper stop loss. For the coming week Crude Oil major resistance is found at 5260 and 5400 and major supports will be 4680 and 4500.
NATURAL GAS
Natural Gas is in a consolidation phase and traders should use the strategy of selling on higher levels. For the upcoming week Natural Gas major resistance would be 195 and 205, supports would be found at 155 and 143.
For the next week traders can use buy on lower level strategy if Gold above 27800 it can test the level of 28000/28200/28450. Trade by keeping the strict stop losses.
Major support in Gold is 25500 and 24000.
Major resistance in Gold is 28700 and 29500.
SILVER
For the next week traders can use buy on lower level strategy if Silver sustains above 54000 then it can test the level of 55100/55900/56700, Trade by keeping the proper stop losses. For the upcoming week Silver 57000 and 59000 will act as major resistance and 51500 and 49500 will act as major supports.
COPPER
Copper is in a consolidation phase and traders should use the strategy of sell on higher levels. For the upcoming week Copper major resistance would be 410 and 430 and supports would be found at 370 and 355.
CRUDE
For the next week traders can use sell on higher level strategy, if Crude sustains below 4900 then below 4850 it can test the level of 4790/4720 in this week. Trade by keeping the proper stop loss. For the coming week Crude Oil major resistance is found at 5260 and 5400 and major supports will be 4680 and 4500.
NATURAL GAS
Natural Gas is in a consolidation phase and traders should use the strategy of selling on higher levels. For the upcoming week Natural Gas major resistance would be 195 and 205, supports would be found at 155 and 143.
