Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned forward-looking statements/predictions and may be subject to change without notice.

Translate

Sunday, May 17, 2015

Gold - Silver - Copper - Crude Oil - Cotton - Coffee Positional Trading levels - 18 May 2015

The below levels are based on 3 weeks time frame price action

Gold - XAUUSD

Best Buy & support @ 1191 Resistance & best short level 1205.05, A break above  1219.10 upside capped @ 1233 - 1244 above that 1250 - 1264. However, a crack below 1176.95 downside capped @ 1165 - 1146 - 1132

Now @ 1223.60

Silver - XAGUSD

Best Buy & support @ 17 resis & best short level 17.22, A break above 17.62  upside target capped @ 18.22 - 18.62. However, a crack below 16.85 downside capped @ 15.24 - 14.85

Now @ 17.49

Copper - HG 

Best Buy & support @ 2.906, Resistance & best short level 2.925, a break above 2.950.10 Upside capped @ 2.986 - 3.006, However a Crack below 2.875 downside capped @ 2.845 - 2.825

Now @ 2.930

Crude Oil - WTI 

Best Buy & support @ 60, Resistance & best short level 60.88, A break above 61.76 upside target capped @ 64.28 - 65.32. However, a crack below 59.12 downside capped @ 56.45 - 55.40

Now @ 59.96

Coffee - KC

Best Buy & support @ 133, Resistance & best short level @ 135.36, A break above 137.72 upside target 143 - 145.40, However a crack below 129.64 downside capped @ 125.32 - 122.95

Now @ 138.80 

** Coffee Traders should follow 140.80 - 140.90  as Best short level, 142 Average level targeting 126 - 124 - 122**

Cotton - CT 

Best Buy & supp @ 66, Resistance & best short level @ 66.78, A break above 67.56 upside capped @ 69.48 - 70.32, However a crack below 65.22 downside capped @ 63.22 - 62.38

Now @ 66.59




No comments:

Blog Archive

Popular Posts