BASE METAL WRAP: Copper looks weak as an investigation into metal financing in China prompted concern that a crackdown could hit trade in the metal, while aluminium and zinc retreated from multi-month highs as traders cashed in on recent gains.
ENERGY WRAP: West Texas Intermediate traded near the highest price in three months amid speculation that crude inventories fell for a second week in the U.S., the world’s biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP: Gold rose toward the highest level in almost two weeks as prices that declined to a four-month low spurred physical purchases. Platinum and palladium holdings in exchange-traded products expanded to records.
GLOBAL EVENTS TO WATCH: Westpac Consumer Sentiment, OPEC Meetings, Claimant Count Change, Unemployment Rate, Crude Oil Inventories, 10-y Bond Auction, Federal Budget Balance.
http://www.capitalstars.com/bullion.php
ENERGY WRAP: West Texas Intermediate traded near the highest price in three months amid speculation that crude inventories fell for a second week in the U.S., the world’s biggest oil consumer. Brent was steady in London.
PRECIOUS METAL WRAP: Gold rose toward the highest level in almost two weeks as prices that declined to a four-month low spurred physical purchases. Platinum and palladium holdings in exchange-traded products expanded to records.
GLOBAL EVENTS TO WATCH: Westpac Consumer Sentiment, OPEC Meetings, Claimant Count Change, Unemployment Rate, Crude Oil Inventories, 10-y Bond Auction, Federal Budget Balance.
http://www.capitalstars.com/bullion.php
BULLIONS
COMMODITY |
AGRI
COMMODITY |
CS
COPPER (JUNE) OVERVIEW:
TREND
CONSOLIDATE
SUP1:
397
SUP2:394
RESIST1:404
RESIST2:407
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
CHANA (JULY) OVERVIEW:
TREND
BEARISH
SUP1:2740
SUP2:2650
RESIST1:2840
RESIST2:2880
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 +919977499927 |
CS
CRUDE (JUNE) OVERVIEW:
TREND
BULLISH
SUP1:6150
SUP2:6100
RESIST1:6270
RESIST2:6340
TRADING
STRATEGY: BUY ON DIPS
CAPITALSTARS.COM
+919200099927 |
CS
JEERA (JULY) OVERVIEW:
TREND
CONSOLIDATE
SUP1:10700
SUP2:10530
RESIST1:11000
RESIST2:11250
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
GOLD (AUG) OVERVIEW:
TREND
CONSOLIDATE
SUP1:25940
SUP2:25600
RESIST1:26400
RESIST2:26920
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
TURMERIC (JULY) OVERVIEW:
TREND
CONSOLIDATE
SUP1:5850
SUP2:5750
RESIST1:6070
RESIST2:6320
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
SILVER (JULY) OVERVIEW:
TREND
CONSOLIDATE
SUP1:40100
SUP2:39800
RESIST1:40800
RESIST2:41500
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |
CS
SOYABEAN (JULY) OVERVIEW:
TREND
CONSOLIDATE
SUP1:4180
SUP2:4140
RESIST1:4420
RESIST2:4550
TRADING
STRATEGY: SELL ON RISE
CAPITALSTARS.COM
+919200099927 |