Thursday, May 12, 2011
Sunday, April 24, 2011
Crude Oil 4850-4934-5010-5160-5240
Natural gas 192.5-195.6-197-200.4-204
Tuesday, April 5, 2011
#silver break of 36$ could confirm a medium term top & correct down till 32.5$ and than 27$ , $slv , Good sell on rise #askchirag any new highs or rallies good setup to create shorts
Wednesday, March 23, 2011
Gold & silver Faceing Resistance near Previous week's high on Comex , a Sustained trade Above Same Can Push prices Further up on Gold till 1447$ --1465 $--1489 $ and on Silver 36.5 $---37.2 $--38.4$
On downside Important Support on Gold now at 1415 $ & silver 35.2 $
Wednesday, March 2, 2011
Monday, February 14, 2011
Gold prices Re-tested the Neckline Resistance of breakdown From multiple tops made Near 1422 Levels Zone previous Week,Which also Looks like a Complex Head & shoulder pattern. The Neckline as if now is poised near Same levels as of 100 DMA currently at 1368$ . Which is proving to be strong Resistance .
On the downside the 55 DMA at 1332 $ is also Proving a Strong Support below that important Support comes at 1305 Levels which also co-incised with the Short term Bottom and Medium term channel Trend line .
till time Prices are trading below 100 DMA and Key neckline Resistance . We Look downwards on gold Prices to test previous bottom and Final Reach the Patterns target at 1240 $ . Stops Could be well placed above 1384 $ closing basis . A Close above Same Would Invalid the view .
Thursday, February 3, 2011
Monday, January 24, 2011
Thursday, January 13, 2011
Silver has formed a short term top at 31.15 $ and looks like has started to correct down in set of 5 waves with the first wave over at 27.7 $ and wave 2 at 29.8 , the third wave looks like headed for sub 25 levls . With Final target of 22.4 (wave5)
Tuesday, December 14, 2010
Unlike Gold, Silver seems to be completing a final v subminor up. This seems to be a completion of the leg up from Nov 2009. And considering the large exponential blow off that we illustrated prior and Silver topping the Jiseki rankings we continue to look at any leg up on Silver now as the last leg after which the white metal should fall back into 22.40 previous iv wave supports. Gold also seem to be in the final Y minor leg up and should follow silver down.
Done in association with orpheous Asia Intraday Service (Ticks Global)