June 26, 2014

Commodity charts

CRUDE is trending sideways .... broader trend is down with strong resistance at 6500.




GOLD: broader trend is down. Within this downtrend, we are seeing a corrective or a pullback rally.

Expect resistance around 29000.


SILVER... broader trend is down. Within this downtrend, we are seeing a corrective or a pullback rally.

Expect resistance around 46000.

Note that if you were already short on SILVER, you should have been stopped out around 42800 levels.


NOTE: all charts from icharts.in

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