US unemployment rose slightly on Thursday to 373000 as compared to last Thursday of 371000. Dollar impacted by this day and slipped from the top. The dollar index may create panic around 93—94 levels. So traders remain cautious at upper levels. Traders should have a close eye on G20 Summit which starts from today onward. Below are today’s commodity levels.
Trendy Gold and Silver
Gold has support at 47600 and resistance at 48000—48300—48900.
Chances are bright to test the resistance level of 48000—48300. Traders should remain cautious in the range between 48300—48900 as gold may create panic in the range.
On the other hand, Silver has support at 68600 and resistance at 70000
Break and sustain above 69000 will take it to 69300—69550 and then to 70000 mark
Fresh downside panic we will see on a close below 68600 levels only.
स्पेशल कमोडिटी समाचार हिंदी में पढ़ने के लिए 9479799998 पर सम्पर्क करें।
Trendy Base Metal
Copper has support at 716 and resistance at 724. Strong resistance at 740.
Nickel has support at 1362 and resistance at 1382
Lead has support at 177 and resistance at 182
Zinc has support at 236 and resistance at 243
Aluminium has support at 194.50 and resistance at 197.50
Trendy Crude oil and Natural Gas
Crude oil could bounce from lower levels. Crude oil has support at 5330—5280. Could be the best buying opportunity in it. Stp loss below 5130 on a closing basis.
Natural gas has support at 273 and resistance at 282—287.
Traders can trade within a range and wait for confirmation.