Two major data came in for the markets
1) From US - FOMC minutes reveals that , $10 billion tapering may not see continuing unless and until any major shock comes to the US economy . So QE might end by 2104 end.
2) Chinese HSBC data came in very weak . Hence you can see the pressure in base metals.
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Gold 29860
support level is 29700 - 29750 so can buy around that levels.
Silver 47250
Buy around 46500 with Sl 45900 Target 47500 on correction
LEAD - 132.50
Buy around 132.50 with sl 131.50 target 134.50
NG 369
Can go down to 350 levels keep sl above 382
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Source : CNBC AWAAZ
1) From US - FOMC minutes reveals that , $10 billion tapering may not see continuing unless and until any major shock comes to the US economy . So QE might end by 2104 end.
2) Chinese HSBC data came in very weak . Hence you can see the pressure in base metals.
---------------------------------------------------------------------------------------------------
Gold 29860
support level is 29700 - 29750 so can buy around that levels.
Silver 47250
Buy around 46500 with Sl 45900 Target 47500 on correction
LEAD - 132.50
Buy around 132.50 with sl 131.50 target 134.50
NG 369
Can go down to 350 levels keep sl above 382
_________________________________________________________________________
Source : CNBC AWAAZ
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