NYMEX / COMEX SILVER TGT ACHIEVED @ $31.95 ; GOLD , OIL ALMOST HIT THE TARGETS….STRATEGY INITIATED ON 16 JAN 2012

----- Forwarded Message -----
From: Abhishek m r <trendtraders3333@gmail.com>
To: abhishekmr369@yahoo.com
Sent: Monday, 16 January 2012, 13:38
Subject: GOLD / SILVER / CRUDE OIL / COPPER TREND & TRADING LEVELS FOR THE WEEK AHEAD : 16 JAN 2012

WTI CRUDE OIL

BEST BUY & SUPP @ 100 (current resis) ACTUAL RESIS & BEST SHORT 101.22 A BREAK ABOVE 102.16 UPSIDE TGT 105.58/106.92 ; A CRACK BELOW 98.70 DOWNSIDE TGT 97.05/95.52/94.18

CMP - 99.03

TREND / STRATEGY : AS EXPLAINED & HIGHLIGHTED IN THE TECHNICAL CHART ..DAILY SCO/CCI IS BELOW THE SUPPORT , BUT FAST SCO HOLDING ABOVE THE SUPP . SO WE ASSUME THT WE MAY SEE SOME UPSIDE ROOM IN THE EARLY SESSION & IN THE EVENING SESSION SELLING WILL ONCE AGAIN RESUME..

GOLD

BEST BUY & SUPP @ 1628 ACTUAL RESIS & BEST SHORT 1642 A BREAK ABOVE 1656  UPSIDE TGT 1684/1698 ; A CRACK BELOW 1586 DOWNSIDE TGT Is 1570/1540

CMP - 1640

TREND / STRATEGY : TECHNICAL TREND FOR THE WEEK IS INDICATING UPSIDE IN GOLD & SILVER ..BUT AS WE HAVE TOLD EARLIER IN THE PAST,,,MONTHLY TREND PLAYS A MAJOR ROLE & ONE HAS TO SEE THE BROADER PERSPECTIVE ...SO GOLD / SILVER TREND & STRATEGY WILL BE UPDATED IN REAL TIME

SILVER

BEST BUY & SUPP @ 29 ACTUAL RESIS & BEST SHORT 29.86 A BREAK ABOVE 30.45 UPSIDE TGT 30.90/31.45/31.95; A CRACK BELOW 28.20 DOWNSIDE TGT 27.74/27.25

CMP - 29.68

COPPER

BEST BUY & SUPP @ 3.568 UPSIDE TGT 3.805/3.876 ; A CRACK BELOW 3.502 DOWNSIDE TGT 3.260/3.188

CMP - 3.642

**DOWNLOAD THE ATTACHMENT FOR CHART EXPLANATION**