December 23, 2013

Commodity update

CRUDE OIL possible buy signal... holding 6000 is bullish.

GOLD trend down but now near a good support area (28000). In USD terms, the support is at 1180... if this breaks, then there may be more correction.

LEAD testing recent resistance... holding above 132 is bullish.

NATURAL GAS trend up... support 260

SILVER trend down.... now trend reversal will happen on close above 46000 only.

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