COMEX/NYMEX : GOLD / SILVER / CRUDEOIL / US DOLLAR INDEX PERFORMANCE OF THE WEEK 28 MAY 2012 - JUN 02 2012 INITIATED FOR OUR PREMIUM MEMBERS ON 27 MAY 2012 @ 9.36 PM

NYMEX/COMEX GOLD,SILVER,CRUDE OIL & US DOLLAR INDEX TREND , LEVEL & TRADING STRATEGY FOR THE WEEK AHEAD : 28 MAY 2012
GOLD

BEST BUY & SUPP @ 1558 ACTUAL RESISTANCE & BEST SHORT LEVEL 1574 A BREAK ABOVE 1592 UPSIDE TGT IS @ 1616/1624/1640 ; HOWEVER A CRACK BELOW 1542 DOWNSIDE TGT IS INTACT @ 1508/1492/1462

LTP – 1574.55

TREND : FIRM BEARISH

SILVER

BEST BUY & SUPP @ 28 ACTUAL RESISTANCE & BEST SHORT LEVEL @ 28.15 A BREAK ABOVE 28.42 UPSIDE TGT IS @ 29.48/29.90; HOWEVER A CRACK BELOW 27.82 DOWNSIDE TGT IS INTACT @ 26.42/26.05

LTP – 28.47

TREND : FIRM BEARISH

CRUDE OIL

BEST BUY & SUPP @ 91 ACTUAL RESISTANCE & BEST SHORT LEVEL @ 91.80 A BREAK ABOVE 92.60 UPSIDE TGT IS @ 94.86/95.85 ; HOWEVER A CRACK BELOW 90.20 DOWNSIDE TGT IS INTACT @ 87.77/86.82

LTP – 90.75

TREND : FIRM BEARISH

US DOLLAR INDEX

BEST BUY & SUPP @ 82 ACTUAL RESISTANCE & BEST SHORT LEVEL @ 82.45 A BREAK ABOVE 82.65 UPSIDE TGT IS @ 83.20/83.56; HOWEVER A CRACK BELOW 81.82 DOWNSIDE TGT IS INTACT @ 80.05

LTP – 82.52

TREND : FIRM BULLISHLike · · Unfollow Post · May 27 at 9:36pm