Gold and Silver both have sustained its supports 26500 and 37500.....Gold has retraced till 26748 ....it is near 50% fibbo level...( 26752 level) ....any trade above will see tgt near 27944....below 26752 and break below 26500 we can see 26114 levels...Buy above 26800 and sell below 26450
Silver is near its key resistance 38702...break above it can see tgt near 39200 which is next resistance....break above 39200 only can confirm trend change to upside....Below 37500 next targets will be near 35400...
fresh buyers Buy silver above 38900 tgt 39150....wait for break above 39200 .....for much bigger targets in coming months then
For other commodities please refer My post on Forecast 6-10 October....
NG has broken support at 244 and traded below it for full day....Below 244 Stay on sell side...
Crude as said below 5710 is weak....it has broken key support at 5520....but could not sustain below it....Sellers maintain your sell positions....we may see further drop in Crude in coming sessions
Silver is near its key resistance 38702...break above it can see tgt near 39200 which is next resistance....break above 39200 only can confirm trend change to upside....Below 37500 next targets will be near 35400...
fresh buyers Buy silver above 38900 tgt 39150....wait for break above 39200 .....for much bigger targets in coming months then
For other commodities please refer My post on Forecast 6-10 October....
NG has broken support at 244 and traded below it for full day....Below 244 Stay on sell side...
Crude as said below 5710 is weak....it has broken key support at 5520....but could not sustain below it....Sellers maintain your sell positions....we may see further drop in Crude in coming sessions