Wednesday, March 25, 2009

Market View 25th March

Gold & Silver have shown some signs on weakness yesterday. Gold seems more bearish than Silver as of now. Silver is yet to match Gold weakness...

Crude Oil is still positive. Bulls are trying to push it hard upside but bears are stopping it in 2720-2725 zone. Bulls will be in full control above 2730 or $ 54.15.

Metals are still non trending & moving in a trading range. Trade with keeping support and resistances in mind.

Natural Gas as expected is positive and managed to close around days high. But right now its around it channel resistance so a break above the TL will take it to higher levels and if not able to breach it then we can expect a fall from here.

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