Wednesday, 26 February 2014

CNBC AWAAZ VIEW 26 FEB 2014

As per the guest from Angel Commodities on CNBC AWAAZ , following views are suggested,
Today evening Home Sales Fig.

GOLD
Chinese corporate debts are on a record high , which is a concern for the economy
Also the SPDR gold holding has risen to 803 tonnes
One can see the prices going high till 30350 , Comex resistance at 1360 $
In mcx 30500 , is the key resistance. Also cannot avoid the wedding season.

Silver
As compered to Gold silver has not risen much so one can see upto 48000 levels or 48200 today

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Crude
Buy 6270-6280 sl 6230 target 6390

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Copper

Sell 447-448 with sl 452 target 440

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