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Wednesday 13 February 2013

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GOLD:

Trend updated for-Feb/13/2013.CMP-30573 Overall trend of the Gold is bearish for medium-long term .Currently Gold is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 30409-30398-30290-Resistance for the Gold is 30832-31122-31165-

SILVER:
Trend updated for-Feb/13/2013.CMP-57555 Overall trend of the Silver is bearish for medium-long term .Currently Silver is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Silver is in HOLD SHORT position.Positionally Immediate support for Silver is 56982.Resistance for the Silver is 58407-58412-58873-58908-60047-60067

ALUMINUM:
Trend updated for-Feb/13/2013.CMP-113 The Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 112-111-110-. Immediate resistance for Aluminum is 113


COPPER:
Trend updated for-Feb/13/2013.CMP-445 The Copper is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 442-441-440-439-438-434-. Immediate resistance for Copper is 449

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