LME metals mixed in Asia; firmer dollar caps upside

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theequicom
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Joined: Tue Jan 31, 2012 1:20 am

LME metals mixed in Asia; firmer dollar caps upside

Post by theequicom » Thu May 31, 2012 8:55 pm

Singapore - Base metal prices were mixed in Asian trade on the London Metal Exchange Tuesday, as concern about the euro-zone debt crisis and Chinese physical demand again damped bargain buying fo.


GOLD (5 JUNE)
TREND:CONSOLIDATE
RES 1: 29325
RES 2: 29500
SUPP 1: 29050
SUPP 2: 28820
STRATEGY: BUY ON DIPS

SILVER (5 JULY)
TREND: CONSOLIDATE
RES 1:55000
RES 2:55650
SUPP 1:53550
SUPP 2:52800
STRATEGY : BUY ON DIPS

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