Tuesday, April 7, 2009

Market View for 7th April

Base metals are still positive but some profit booking was seen at higher levels in them.Nothing to worry so far. Bulls are still in control.

Gold & Silver are cracking badly as predicted and they are trying to find support at lower levels but so far unable to find and breaching all supports.

Oh God crude again showed its volatility & bulls were unable to hold at higher levels and was unable to break its previous high of 2698 and fell badly after making a high of 2690.Looks like this time it should crack more....A great battle between bulls & bears going on...Lets see who wins...

Natural Gas still weak & yesterday given nice intraday gains.

No comments:

Post a Comment