Gold inched up on Monday as investors awaited cues from the U.S. Federal Reserve on its monetary policy outlook while trying to size up the chances of a new round of U.S. tariffs on Chinese goods while on the Other hand, Crude oil traded lower after data showed Chinese exports declined for a fourth straight month which affected the demand of the Crude oil.
Gold (Dec)
Support at 37500 and Resistance at 37750.
Break and close above 37750 will take it to 38000-88100 or else it could test its support again.
Fresh selling will do on a close below 37500 levels.
Trade safely with the levels only.
SILVER
Support is at 43450 and resistance is at 43900.
Break and close above 43900 will'take it to 44300-44500 levels or else it could test its support again.
Fresh selling will do on a close below 43450.
CRUDEOIL(DEC)
Support at 4100 and resistance at 4270.
Fresh selling will do on a close below 4100 levels.
Trade safely with the levels only.
NATURAL GAS (DEC)
Support at 156 and resistance at 161.
Break and sustain abové 161 will take it to 166 -168 or else it could test its support again.
Fresh selling will do on a close below 156.
Trade with the levels only.
NICKEL (DEC)
Support at 975 and Resistance at 985.
Break and close above 985 will take it to 995-1005 or else it could test its support again.
Fresh selling will close on a close below 975.
Trade with the levels only.
COPPER (DEC)
Support at 435 and Resistance at 439.
Break and close above 439 will take it to 443--445 or élse it could test its support again.
Fresh selling will do on a close below 435.
Trade with the levels only.
More will update soon.
