The Count Down for fall begins

Technical Views - Commodities 19th July 2011

 

We cannot to reverse count as we analyses and not make the markets. yesterday was our Day 1 when we alerted a major fall is pending in Gold and Silver. Today is Day 2 for the same. Lets see when the analysis comes true. In no manner by these statements i want u to go short and sit. I want you to wait for a signal on the charts and then only sell. My main purpose of the count is to give you an idea of the POWER OF CHARTS

MCX GOLD1
TREND : The caution levels are getting even stronger. Every rise without correction is troubling me to think again and again and again. Trade the longs, but do not sit on losses - they will only grow bigger. We have a clear positional sell below 23125. 

Support & Resistance - 23125 / 23200
SIGNAL : Use Buy and Sell Signals of TDI BS

MCX SILVER1
TREND : This weeks perspective is Bearish to Sideways. Silver is overbought and needs to correct. Use the buy signals for small profits and on every sell signals let the profits run 

Support & Resistance - 59100 - 59700

SIGNAL : Use Buy and Sell Signals of TDI BS

MCX Crude1
TREND : Crude consolidated yesterday. for today 4300 - 4350 are important levels outside of which we can create trades.
SIGNAL : Use Buy and Sell Signals of TDI BS

 

 

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