GOLD - GOLD COMEX take the resistance at the 1869-68$ and reverse from the top now the range is 1869$ to 1844$ & 1831$
as I said in Previous 1848$ there will be a short side move will come or it can continue . today from the morning Gold starts correction and made a low of 1841$ recently
IMP. DATA- FOMC MEETING MINUTES at 11.30PM on 25th may
on 26th may US GDP Q1 NO. will came out & also INITIAL JOBLESS CLAIMS will be out at 6 PM
Current View - is bearish And also biased view bearish here below 1848$
view will go wrong above 1855-57$ only
Below 1831$ will see clear downside of 1818$
TRADE ONLY IF STOPLOSSES ARE MANAGABLE
IN GOLD MCX Support - 50500-400
Resistance - 51050-51150 ( short already continues from the 51000 levels )
SILVER - Silver in a range of 21.67$ to 22.11$ and
below 21.66$ clear short will be made
Current view - no fresh trade here
IN SILVER MCX below 61200 clear shorts will be made
support - 61400-61100
Resistance - 62060-62250
CRUDE - Crude Inventory was out today at 8pm
moved only beteen 108.5$ to 111.5$
support - 8460-80
resistance 8670-80
current view - slightly positive
PLEASE LEAVE A COMMENT IF YOU LIKE IT
FOR CHARTS VISIT YOUTUBE https://www.youtube.com/watch?v=1lFvwnmfkZM
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