GOLD:- Last week it made the high of the 1026 & went into correction mode.We do not see this correction extending beyond 990 & advise fresh long positions with the stop of 983.Our medium term target of 1100+ is intact within next 3-5 weeks.

 

SILVER:- Last week it hit the high of 17.69 & started correcting it.We expect it correct in the range of 17.69 to 16.10 hence  we recommend long near 16.00 with the stop of 15.85.

  

CRUDE:- After breaking out from rising wedge & remained sideways to distribute.In our view next week it will find extremely difficult to cross 73.20 & downside the third leg will breach 67.55 & may touch 63.00.