Views on Metals and Precious Metals.April2008.

L

leoboy

New Member
#1
#1
Hi all
Technical view on copper, gold and silver.
Copper: Stiff resistance at $8820 (Rs.354).
$8820-8460 (Rs.354-338.5) is range.
Above$8820(Rs.354) price may reach $9540(Rs.375)
Below$8460(Rs.338.50) price may reach $7650(Rs310)
.NO CALLS.
Gold:Strong resistance at $950-$958.(Rs.12250-Rs.12390)
Above $958 price may reach $1000.(Rs.12950)
CALL: Short in the area of $948-$955. (Rs.12240-Rs.12340)
Strict stop loss above $965(Rs.12500) Target $900.(Rs.11650)
Silver:Strong resistance at $18.63-$18.70.(Rs.24160-Rs.24325)
Above $18.70 price may reach $19.65 (Rs.25550)
CALL: Short in the area of $18.60-$18.65.(Rs.24120-Rs.24250)
Strict stop loss above $19.00 (Rs.24700). Target $16.90 (Rs.21950).
Bye...... Happy Trading.
 
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