Market View for 1st July

As expected base metals have shown huge volatility. In initial session they were trading flat to little up & in evening session they fell like a knife. June is over now we got to look out for July. I am yet to analyze the July month data. Will post this during daytime today.

Wow...Crude behaved exactly how I predicted. 3500-3508 was resistance zone thats why I had mentioned that Crude should touch 3500 and more strongness will come only above 3510 and see how it fell after making a high of 3503 in the early session. Ever since its falling..So far its in uptrend but some more correction is due...Till what level????? Levels only for clients.

Gold & Silver both have shown a decent downside yesterday. A much awaited single day fall. Gold has taken support beautifully on its lower trendline and more fall will come only if it breaches that trendline successfully. Silver seems to be more weak & trending compare to Gold. Consider 21490 as the last support before bears will take over bulls. The same level for Gold is 14102.

Natural Gas also behaved the same way. It was entering negative zone and as predicted once it has broken 189 zone it fell down to 184.7 and my support area was 185.3It is still weak and can show some more downfall..What is the next support, from where it can bounce..What else can prevent from more fall...check it out !!!!