Thursday, August 6, 2009

Natural Gas Technical Analysis 6th Aug2009


NG has been Trading inside a parallel Range Since last few Days , Break on any Side Could give a Fresh Move on any side , On upside 4.200 is very Importnat Reistance a Close above Same would Mean that the trend has Reversed and Now its Buy on Dips opening as upside trgt of 5.40$ and 7$ For Medium term As If Now . On Downisde Supports are near 3.882$--3.460--3.165$ , A close below 3.165 % would Mean that the correction is still on and Could try hit the new Possible Downside trgt of 2.41$

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Tuesday, August 4, 2009

Gold Technical Analysis 4th August 2009




Gold breaking out of Inverted head & Shoulder With Height of nearly 44$, Which Opens an upside from 965 $ to 1009$ , With intermediate Resisatnce at 980$--992$--1004 $ , Long traders can maintain SL below 955 $ closing basis










Wednesday, July 29, 2009

Crude oil technical Analysis 29thjuly2009


Crude Oil has Broken the Coorective trend Line , Which started From recent lows of 58$ extended to 68.87$, On upside Now will face Stiff Resistance at 67.86$ , Next Support Seen at 64.4 $ , Below Which Could Open trgts as Low as 62.4 $

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Silver Technical Analysis 29th july 2009

Wednesday, July 15, 2009

Gold Technical Analysis 15th july2009


Crude Technical Analysis 15th july2009



Conjestion Near Resistance
Crude oil Retracted back to Re-test the First Fib Resistance of 23.6 % , (Calculated From Recent high of 73.5 $ to Recent lows of 58.25 $), A Close above Same on Daily charts could Open possible upside trts till Next Resistance of 38.2 % Which is around 64 $
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