Technical Views - Commodities 14th July 2011
MCX GOLD1
TREND : Yesterday was a one way run and we could make good money in the longs above 22810. For today we are bullish with caution, In the last 3 days Gold has risen at a very fast pace and it needs to correct or wait before it can continue with the same momentum. We will use both buy and sell signals on the charts today to create positions.
TREND : Yesterday was a one way run and we could make good money in the longs above 22810. For today we are bullish with caution, In the last 3 days Gold has risen at a very fast pace and it needs to correct or wait before it can continue with the same momentum. We will use both buy and sell signals on the charts today to create positions.
Support & Resistance - 22800 / 22980
SIGNAL : Use Buy and Sell Signals of TDI BS
MCX SILVER1
TREND : No clear trends seen on the charts. Use both buy and sell signals to enter into trades. Keep your targets small.
From a months perspective we are bullish. The weekly trend has also reversed and has turned bullish
SIGNAL : Use Buy and Sell Signals of TDI BS
MCX SILVER1
TREND : No clear trends seen on the charts. Use both buy and sell signals to enter into trades. Keep your targets small.
From a months perspective we are bullish. The weekly trend has also reversed and has turned bullish
Support & Resistance - 56300 - 57070
SIGNAL : Use Buy and Sell Signals of TDI BS
MCX Crude1
TREND : The pace of yesterday's move has created a divergence and we expect Crude to correct now. We will use sell signals to short for bigger targets and buy signals to create longs for small targets only
The positional long in Crude was created on 12/7 at 4239 on a 30min buy signal on the charts. The stoploss for the same is 4350 for today.
SIGNAL : Use sell signals of TDI BS
TREND : The pace of yesterday's move has created a divergence and we expect Crude to correct now. We will use sell signals to short for bigger targets and buy signals to create longs for small targets only
The positional long in Crude was created on 12/7 at 4239 on a 30min buy signal on the charts. The stoploss for the same is 4350 for today.
SIGNAL : Use sell signals of TDI BS
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For a free demo of our TDI BS signals and other products please contact 9717555433 /466
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