commodity market update

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falguni gyarsia
Posts: 136
Joined: Wed Jan 02, 2013 2:08 am

commodity market update

Post by falguni gyarsia » Wed Jan 30, 2013 12:27 am

Crude Oil is in Strong uptrend and it supported with a good volume. It is in HOLD LONG position. Immediate Resistance for Crude Oil is 5268.
On Wednesday, the Brent Price held above 114 dollar barrel rises by 4%. US Oil was down by3% to 97.54 dollar. The low rate helps to push up the Oil prices. US crude Stocks rose 4.2 million barrel last week. It expected that crude stock to rise 2.6 million barrel.

Jhon Kumar
Posts: 196
Joined: Tue Jan 08, 2013 2:10 am
Location: Indore, MP, INDIA
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Re: commodity market update

Post by Jhon Kumar » Wed Jan 30, 2013 3:14 am

Today's trend in Gold
Trend Strategy
Consolidate
Sell on High
Resistance :
R2- 30850
R1- 30580
Support :
S1- 30120
S2- 29850

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