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Monday 11 July 2011

Bullions analysis for the day

Silver deep analysis for the day -55020 and 55380 (main resistance)
 where correction is possible , break will lead 55755 , 
where again may be a correction . Then follows 56160 , 
if a strong impulse , we would have 56445, continuation would give 56700

Crude oil 
Trading range for the day is among the major support at 93.00 and the major resistance at 102.50.

The short term trend is to the downside with steady daily closing below 105.00, targeting 87.00. 

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