Wednesday, August 12, 2009

Market view for 12th Aug

Yes we can see a price reversal in some of the base metals now however volume and open interest are still not supporting strongly. Trade accordingly.

crude behavior is still same. Highly volatile. After making day's high yesterday it made a new day low. Looks somewhat on negative side.

Gold & Silver are also showing the same behavior. No change at all.

Same is the case with Natural Gas. Weak but volatile.

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